EFG Asset Management has launched a global impact credit fund in partnership with Schroders affiliate BlueOrchard.
The New Capital — BlueOrchard Global Impact Credit fund will aim to invest primarily in green, social or sustainable bonds as it aims to generate returns alongside a measurable positive social and environmental impact.
According to BlueOrchard, the issuance of labelled bonds increased by 37% in the period from 2016 to the end of 2023, as issuers seek to raise capital to fund environmental and social projects.
The Luxembourg-domiciled SICAV is classified as Article 9 under SFDR.
It marks EFG’s second product focused on sustainable investing, following the launch of the New Capital Climate Transition Equity fund in 2023.
