State Street Global Advisors’ State Street ACS Multi-factor Global ESG Index Equity Fund has surpassed total assets under management of GBP1 billion. The fund targets the MSCI World Select 5-Factor ESG Low Carbon Target Index and reached the milestone in just over six months.
“We believe that superior long term performance can be achieved when companies take their responsibilities to people and the planet seriously,” says Jenny Yoe (pictured), Managing Director, Head of UK and Ireland Institutional for State Street Global Advisors. “Investors are increasingly interested in understanding the positive relationship of ESG integration to fund performance.”
“The fund allows investors to build an equity allocation with an improved carbon footprint and ESG profile relative to the broader market,” says Ana Harris, Head of Equity Indexed Strategies at State Street Global Advisors. “We closely monitor ESG exposures across the fund to ensure an appropriate balance of factors are maintained at all times.”
