Allianz Global Investors (AllianzGI) has made available to the Italian market its European equities fund that focuses on achieving a low-carbon economy.
Allianz Climate Transition, which was launched earlier this year and is managed by Christine Clet-Messadi, is available to both retail and institutional investors across France, Spain, the UK, the Netherlands, Belgium and Italy.
Aimed at having a positive social and environmental impact, the Fund invests in European stocks of companies that are substantially engaged in sustainable development criteria, whilst pursuing the transition towards a low-carbon economy.
The Fund's investment approach goes beyond negative screening (exclusion) as it seeks to promote change while facilitate the transition. To do so, the Fund may select companies that have already managed to substantially reduce their carbon footprint, which are also committed to ambitious emission reduction schemes.