Calamos Investments has announced the launch of the Calamos Global Sustainable Equities Fund.

The new mutual fund will invest in responsible, engaged companies in both developed and emerging markets that meet defined ESG criteria. The Fund utilizes a proprietary ESG ranking system that looks at both quantitative and qualitative factors including a company’s position and practices on environmental stewardship, human rights and equality, societal impact, and corporate governance. The Fund’s co-managers are Anthony Tursich and James Madden.

Calamos President and Chief Executive Officer John Koudounis said, “Our launch of this Fund is consistent with our growth strategy of providing clients with high-quality, specialized investment solutions. With so many newcomers jumping into this growing category, we’re pleased to offer a product led by a team with such deep experience and proven capabilities within the ESG space.”