Aegon Launches Global Sustainable Sovereign Debt Fund at COP26

The new Aegon Global Sustainable Sovereign Bond Fund will begin with an initial investment of £ 100m from Aegon UK. It targets financially strong countries that are making significant progress towards the sustainability goals defined in the SDGs. The introduction of the sovereign debt fund provides additional options for sustainable investors looking to diversify their portfolio.

This strategy is managed by government bond specialists within Aegon AM’s global fixed income platform, which has 136 bond investment experts in the United Kingdom, the United States and the Netherlands. They are supported by a strong global responsible investment team of 17 people, led by Brunno Maradei.

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Maladay said: “I am delighted to be selected by GEFI. [Global Ethical Finance Initiative] As a typical example of sustainable investment. We are proud to work with them and our Aegon UK partners to promote our new fund at COP26. Aligning the sovereign portfolio with the global sustainability agenda facilitates responsible capital allocation and has positive long-term social and environmental impacts. “

Aegon Asset Management and Aegon UK have partnered with GEFI to introduce a new fund. GEFI is an independent organization focused on making positive changes in the financial world to provide more private sector capital to the United Nations Sustainable Development Goals (SDGs).

The fund will be a component of Aegon UK’s Universal Balanced Collection and will be available to those who are saving through workplace pensions. The fund can also be used directly through Aegon AM, subject to registration completion.

Tim Orton, Managing Director of Investment Solutions at Aegon UK, said: Progress towards risk and pure zero carbon goals.

“This fund is a good example of the industry breaking new ground, and this major default fund can invest in sustainable strategies across a wider range of asset classes than most default funds have ever achieved. ..

“This fund has been selected as a major and innovative example of sustainability adjustment and forms an important first milestone for customers of the Universal Balance Collection. Climate finance has become a key discussion point at COP26. We are pleased to partner with GEFI and Aegon. Asset management to promote the importance of innovation and fund launch. “

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In January 2021, Aegon UK promised to reduce the default pension fund’s carbon net to zero by 2050 and halve carbon emissions by 2030.

Aegon Launches Global Sustainable Sovereign Debt Fund at COP26

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