AXA Investment Managers has launched its second green bond fund in as many weeks, this time focusing on short-dated green bonds in a bid to minimise volatility.
The AXA ACT Green Short Duration Bond fund is for UK investors, and joins the AXA WF ACT Dynamic Green Bonds fund which was launched last Tuesday (1 February) as the latest in the French firm's green bond fund range. The fund is led by Johann Plé, the firm's go-to manager for green bond funds. He said: "As the demand for green bonds continues to grow, with the market now worth over $1trn, we believe that there is an opportunity to help responsible investors meet their differing needs through a variety of green bond products." AXA IM unveils transition-focused green bond fund for risk-...
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