The decreased concentration of stocks associated with the clean energy theme within ETFs provides investors with broader and less volatile exposure, writes Bloomberg Intelligence (BI). This also means that some more diversified ETFs such as BlackRock's iShares Clean Energy ETFs (ICLN and INRG) may have not benefited as much from the rebound of pure-player clean energy stocks since June, according to Bloomberg Intelligence (BI).
ESG & Responsible Investing
Faith Investor Services, LLC, in partnership with Knights of Columbus Asset Advisors (KoCAA), has launched an ETF, the FIS Knights of Columbus Global Belief ETF, KOCG, designed to meet the needs of investors who look to align their investments with their values.
Deutsche Börse reports that the sustainability boom in the European ETF market continues to gain momentum. With EUR2.7 billion in trading turnover per month, ESG ETFs now account for more than 16 per cent of total ETF trading turnover on Xetra.
The Index Industry Association has recently conducted its latest survey of 300 US and European asset managers, focusing this time on ESG.
Invesco writes that its latest listing of the Invesco MSCI Emerging Markets ESG Universal Screened UCITS ETF is the newest addition to the firm’s range of passive ESG funds.
Four new ETFs from issuer Xtrackers are now trading on Xetra and Börse Frankfurt. With the Xtrackers Corporate Green Bond UCITS ETFs, investors participate in the performance of green bonds denominated in US dollars or euros issued by companies or public authorities with an investment grade rating.
Invesco has launched an ETF designed to offer investors exposure to the high yield corporate bond market with improved ESG characteristics. The Invesco USD High Yield Corporate Bond ESG UCITS ETF is the firm’s latest low-cost passive offering for investors wanting to incorporate ESG considerations throughout their portfolios.
Lyxor Asset Management has launched the Lyxor Euro Government Green Bond (DR) UCITS ETF, described as the world’s first ETF tracking sovereign Eurozone green bonds.
HSBC Asset Management has launched its inaugural Paris-Aligned ETF, the HSBC MSCI World Climate Paris Aligned UCITS ETF, which will track the MSCI World Climate Paris Aligned Index.
Franklin Templeton, ClearBridge Investments, Brandywine Global and Martin Currie join industry-leading Net Zero Asset Managers Initiative
The Franklin Templeton Investment groups and three of their affiliated specialist investment managers ClearBridge Investments, Brandywine Global and Martin Currie have joined the Net Zero Asset Managers Initiative, representing more than USD948 billion in assets under management.