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HSBC GAM launches ESG money market fund

HSBC GAM launches ESG money market fund

The fund will invest in a portfolio of issuers that have an A1, P1 or F1 rating, or long term equivalent, and are demonstrably better at addressing ESG risks than other issuers in the investable universe. This will be achieved by applying a robust ESG scoring system and relative ESG filters that are appropriate for the money market investable universe. The fund will enable institutional investors - including large corporates, pension funds, insurers and others - to focus their cash investments in a solution that helps them meet their own sustainability objectives.