What’s New In Investments, Funds? – Invesco, Banque Bonhôte & Cie

The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Invesco

Invesco, an
Atlanta-headquartered investment management company, is launching
a global corporate bond exchange-traded fund (ETF) that aims to
increase exposure to investment-grade issuers that demonstrate a
strong ESG profile.

The Invesco Global Corporate Bond ESG UCITS ETF will be passively
managed, investing in the securities of corporate issuers from
across developed markets, with weightings adjusted in accordance
with certain ESG metrics, the firm said in a
statement.   

The new Invesco ETF will aim to track the Bloomberg MSCI Global
Liquid Corporate ESG Weighted SRI Sustainable Bond Index, which
comprises the fixed-rate, taxable debt securities from global
corporate issuers in developed countries. To be eligible, issuers
must have an investment-grade credit rating and the principal and
interest of the securities denominated in dollars, euros,
sterling or the Canadian dollar. The list of eligible currencies
will be reviewed annually, the firm added. The ESG-related
objective will be achieved through a combination of exclusions
and tilting.

“Investors have been using ETFs to gain exposure to fixed income
markets increasingly over the past five years,” Gary Buxton, head
of EMEA ETFs and Indexed Strategies at Invesco, said. “One of the
main drivers of this acceleration in demand has been the launch
of fixed income ETFs targeting specific ESG-related objectives,
particularly those aiming to provide an uplift in ESG
characteristics while maintaining a similar risk and return
profile to a non-ESG benchmark.”

Banque Bonhôte & Cie

Banque
Bonhôte & Cie has introduced the Bonhôte Selection – Global
Bonds ESG, a new sub-fund designed to seize opportunities arising
in fixed-income markets.

Bonhôte Selection – Global Bonds ESG invests in a range of
fixed-income assets whilst paying attention to ESG criteria in
its investment selection, the firm said in a statement. It is
managed quantitively using indicators to determine the
attractiveness of various segments of the bond market. By not
having to respect regional and sector weighting constraints, the
investment universe can include all categories of fixed income
assets, such as sovereign bonds, corporate bonds, both investment
grade and high yield, and CAT bonds, the firm added.