Invesco completely reworks shuttered fund into impact strategy
Asset manager had frozen trading in responsible equity fund and now intends to comprehensively overhaul it.
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Asset manager had frozen trading in responsible equity fund and now intends to comprehensively overhaul it.
Invesco has made changes to a number of its funds, including reworking one as a social impact fund, according to a letter to investors.
Asset manager confirms shuttering of strategy which has €14m in assets under management.
<p><span>Invesco is launching two ETFs that are intended for sustainably minded investors looking for Euro-denominated corporate bond exposure without having to compromise their principles or yield. Leveraging the expertise of the Invesco Quantitative Strategies (“IQS”) team, the new ETFs will offer a choice of exposures either across the full maturity spectrum or focusing only on short duration, which the ETF is defining as bonds with no more than five years to maturity.</span></p>
Invesco has launched two new ESG ETFs that provide investors with access to investment grade credit from global issuers.