MSIM launches multi-asset ESG fund

Morgan Stanley Investment Management has launched the Global Balanced Sustainable Fund.

The fund will invest in a multi-asset portfolio consisting of equity securities, fixed income securities and money market instruments. MSIM says the strategy combines volatility-targeting asset allocation with investment in companies that contribute to a low-carbon economy, with the goal to decarbonise the portfolio’s core equity exposures according to a 1.5°C scenario, targeting net zero by 2050. The fund will be managed by the firm’s Global Balanced Risk Control Team.

Andrew Harmstone, Head of the Global Balanced Risk Control strategy at MSIM said, “At the core of both the Global Balanced Sustainable Fund and the Global Balanced Income Fund is the delivery of long-term growth and attractive returns for investors. Through the Global Balanced Sustainable Fund, we have also sought to positively impact society by targeting investments with the explicit intention of generating a measurable positive environmental and social impact, aligned with 11 of the UN SDGs, a focus on decarbonisation and an effective engagement approach to deliver value to our stakeholders.”