State Street Global Advisors has revealed a fund targeting low carbon investments has now topped £1bn.
The State Street ACS Multi-factor Global ESG Index Equity Fund has reached the milestone in just over six months. The fund targets the MSCI World Select 5-Factor ESG Low Carbon Target Index.
“We believe that superior long term performance can be achieved when companies take their responsibilities to people and the planet seriously”, said Jenny Yoe, managing director, head of UK and Ireland institutional.
