Deutsche AM To Float Australian ESG Fund

Deutsche Asset Management will roll out an environmental, social and governance fixed income fund in Australia.

Deutsche Asset Management will roll out an environmental, social and governance (ESG) fixed income fund in Australia, I&T News reports. The fund will be a wholesale pooled trust that will receive an investment from the asset manager.

The proposed portfolio, which will be launched later this year, will be measured against a domestic fixed-income benchmark. It will hold about 80 securities and rate them according to 160 ESG factors.

Click here for the story from I&T News.