Investors should be “agents of change” by favouring companies and sectors adopting ESG factors, says T Rowe Price.

Michelle joined Fund Selector Asia as a reporter in 2021, covering asset and wealth management in Asia. Prior to joining FSA, she was a TV reporter and anchor at Hong Kong International Business Channel. She is a graduate of Hong Kong Baptist University, majoring in journalism. Connect with her on Twitter or LinkedIn.
Investors should be “agents of change” by favouring companies and sectors adopting ESG factors, says T Rowe Price.
The fund is the first emerging market-focused green bond fund approved in Hong Kong.
The compliance violations cost the Swiss bank $1.49m.
The US asset manager has also set other ESG objectives, according to its latest corporate sustainability report.
Emerging markets (EMs) are underinvested despite being the leading energy consumers, said the asset manager.
Real assets and commodities are likely to outperform, according to Willis Towers Watson (WTW).
The 45-year old multi-asset fund focuses on US equities and fixed income.
The German firm expects to complete its purchase of an Indonesian asset manager by the end of this year.
Improved performances of ESG funds have attracted more retail investors in Asia, according to Cerulli Associates
$200bn of HY bonds are likely to migrate back to the IG market, according to Barings.
Part of the Mark Allen Group.