BlueBay launches public debt impact fund

BlueBay Asset Management has launched The BlueBay Impact-Aligned Bond Fund.

Bluebay says the new fund offers investors exposure to companies whose core economic activities contribute to addressing global environmental and social challenges like climate change and inequalities, framed around seven sustainability themes. The fund will invest in developed market investment grade corporate bonds, as well as some high yield and emerging market bonds.

Partner and Senior Portfolio Manager, Tom Moulds will be responsible for the management of the fund. He says: “To invest thematically, manage risk and focus on delivering strong investment returns, we have enhanced our approach to portfolio construction. Starting by broadening out the fund’s scope to include a global universe, we then dropped the constraints of being tied to a benchmark. Ultimately, we’re focussed on finding companies that provide solutions to our sustainability themes whilst offering attractive valuations, and this flexible approach to investing allows us to do just that.”