RLAM launches ESG credit fund

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”.