Columbia Threadneedle Investments has launched the CT (Lux) Global Social Bond fund.
The fund, managed by portfolio manager Tammie Tang, aims to target positive social outcomes using Columbia Threadneedle’s proprietary rating methodology to determine the suitability of bonds based on their social intentionality and social intensity. This identifies bond issuers that make a positive social impact from seven key social development factors to form a global-based portfolio of over 8,000 bonds. The fund is classified as Article 9 according to the EU’s Sustainable Finance Disclosure Regulation (SFDR) and available to European investors.
Tammie Tang says, “The launch of the CT (Lux) Global Social Bond fund is an important step in Columbia Threadneedle’s ongoing commitment to, and belief in, the power of social impact investing. As pioneers in this area, we are confident in the ability of bond investing to tackle globally systemic problems alongside a financial return. By actively selecting specific bonds with positive social outcomes, rather than excluding bonds through conventional negative screens, we aim to generate positive social impact and financial results.”
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