ABN AMRO adds EM ESG equities fund

ABN AMRO Investment Solutions is to launch a new emerging markets equities ESG fund to be sub-managed by Boston Common AM.

The fund invests in a portfolio of 40-60 large & mid-capitalization companies with strong ESG profiles based in emerging markets countries such as Brazil, China, Indonesia, and India. The fossil fuel-free fund is based on the Boston Common Emerging Markets Equity Strategy. ABN AMRO Investment Solutions will distribute this new fund to European investors exclusively through its platform.

The fund will be managed by Liz Su, Matt Zalosh and Praveen Abichandani.

Geeta Aiyer, President and Founder at Boston Common AM, said, ” Emerging Markets companies are among the leading sustainability adopters globally. As active, engaged investors with a strong history of investing in emerging markets, we have a holistic view of these dynamic opportunities. We look forward to introducing our strategy in a UCITS structure to the European clients of ABN AMRO Investment Solutions, with whom we have built a strong relationship over the past four years.”

Bob Hendriks, Chief Commercial Officer at ABN AMRO Investment Solutions, said, “By entrusting the European distribution of this new ESG Original fund to ABN AMRO Investment Solutions, Boston Common AM is enabling European investors to invest in some of the most promising companies operating in emerging markets. We believe that this is a strategic moment for the launch of a new ESG-focused UCITS Emerging Markets Equity Fund. Indeed, in the past year, the earnings growth expectations have moved higher for emerging markets compared to developed markets and the current equity valuation is at a near historic discount to developed markets.”

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