Amundi has added two fixed income strategies to its ESG Improvers fund range.
The Global Corporate Bond is benchmarked to the ICE Bank of America Global Large Cap Corporate Index. The Pioneer Global High Yield Bond is benchmarked to the ICE Bank of America Global High Yield Index. Both funds apply the following ESG criteria:
It excludes issuers that are not aligned with Amundi’s ESG framework
It selects issuers that exhibit “material progress” on ESG based on Amundi’s ESG methodology
It actively engages with company management to positively impact the company’s financial and ESG credentials as a whole, and build a portfolio of high conviction holdings.