Payden & Rygel launches investment grade corporate bond fund
Fund registered as Article 8 under SFDR
Fund registered as Article 8 under SFDR
Fund to be managed by Amundi’s Lionel Pigeon
The Carmignac Private Evergreen fund will be run as part of a strategic partnership with secondaries firm Clipway
Strategy will hold a long portfolio with an attractive ESG profile, while shorting companies with a poor ESG profile
Part of company’s sustainability plan to classify 95% of funds under ESG criteria
Best month for the asset class so far this year
Will see the fund drop its ESG screen and move to SFDR Article 6
Commodities experience largest outflows since Morningstar’s recording began in 2007
Up from 20% a year ago, according to 2024 ESG Barometer report
To be managed by head of global high yield Martin Reeves
Funds classified as Article 8
In contrast to record downgrades to Article 8