Aegon Realigns High-Yield Bond Fund to Climate

Aegon Asset Management has refocused its US$61 million High-yield Global Bond Fund to prioritise the transition to a net-zero economy. Made in December, the change means the fund will now be categorised as Article 8 under the EU’s Sustainable Finance Disclosure Regulation. To reflect these new goals, the fund has been rebranded as Global Short-Dated High-Yield Climate Transition Fund. The vehicle’s strategy will incorporate proprietary ESG and climate research to improve its profile, and will increasingly invest in companies with credible climate transition plans. The fund’s management team will also rely on internal research to evaluate companies’ climate transition readiness, assessing their net zero ambitions, performance, and management of climate risks. The companies will then be categorised according to their level of alignment with progress towards net zero, with goals for the fund to allocate investment into those with the most credible pathway. In addition, the vehicle will adhere to a carbon intensity reduction target and will oversee a climate transition engagement programme to encourage companies to improve target-setting and reduce emissions.

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top