The fund is managed by the London-based Nikko AM global green bond team, the firm said in a statement.

The Luxembourg-domiciled Nikko AM Global Green Bond UCITS Fund is classified under article 9 of the EU’s Sustainable Finance Disclosure Regulation, to provide investors access to green and sustainability bonds through a diversified managed portfolio. The fund aims to ensure that invested capital contributes to the United Nations Sustainable Development Goals (SDGs), in particular affordable and clean energy, sustainable cities and communities, and climate action, the firm continued.

“Nikko AM is a pioneer in the green bond investment space, having launched one of the world’s first green bond funds in 2010,” Andre Severino, head of global fixed income, said. “It is exciting to participate directly in addressing two environmental megatrends: climate change and loss of biodiversity. The proceeds from the bonds we hold will directly fund projects that promote nature and support positive climate change solutions.” 

Headquartered in Asia, with $219.2 billion under management, Nikko AM is one of Asia’s largest asset managers, providing  fund management across a range of equity, fixed income, multi-asset and alternative strategies.