Wealth manager Kingswood has launched an ESG bond fund as client demand for such investments picks up.
Kingswood said the fund was one of very few short-dated, sterling only, investment grade ESG funds that is actively managed in the market.
It uses the Bloomberg Barclays MSCI Sterling Liquid Corporate ESG Weighted Index which looks at about 1,000 data points including how employees are cared for within an organisation, how diverse the shareholder list is, as well as taking into account the effects that management policies have on the environment.
The performance of the index is up over 35 percent over the las...