Royal London Asset Management has launched the Global Sustainable Credit fund.
The fund looks to outperform the Bloomberg Barclays Global Aggregate Corporate Total Return Index Hedged USD index by 0.75% per annum over a three year period and is managed by Rachid Semaoune. RLAM says the fund, which has been launched with £125m of seed capital, “Looks to provide a best-of-breed combination of sustainability and fixed income expertise to allow investors to gain exposure to the broad range of opportunities available in global credit markets”.