GLG RI Sustainable Credit Opportunities investment objective is to provide income and capital growth by investing directly or indirectly in fixed and floating rate securities worldwide, while giving careful consideration to long-term environmental, social and governance (ESG) criteria. At least 50% of the portfolio on a net long basis will be aligned to companies that are either E (environmentally) and/or S (socially) aligned. The team’s philosophy is based on an unconstrained, high conviction approach, which involves rigorous fundamental research to uncover value across the universe.
- The strategy aims to provide income and capital growth by investing directly or indirectly in fixed and floating rate securities globally
- An established investment process has been enhanced by integrating sustainability analysis, the strategy will give careful consideration to long-term environmental, social and governance criteria
- Bottom-up analysis is at the forefront of the strategy’s investment process and is intended as the primary driver of performance whilst investment themes provide a top-down lens as the secondary driver
- The strategy will use the ICE BofA European Currency High Yield Constrained Index and the ICE BofA Global High Yield Index as official benchmarks for the strategy
The Strategy may be regarded as promoting, among other characteristics, environmental and social characteristics. The Investment Manager applies an exclusion list which prevents it from investing in controversial stocks or industries which may be related to arms and munitions, nuclear weapons, tobacco and companies which have moderate to significant amount of revenues associated with coal production.