Three new fund launches bring to six the number of green bond funds as of November 2018
Just in the last month, green bond funds doubled in number, with the launch of green bond mutual funds or exchange traded funds (ETFs) by Allianz Global Investors, BlackRock and Teachers Advisors. This brings to six the number of green bond funds available to investors that now include four mutual funds as well as two ETFs. While some of these have likely been in the works for some time, it may be that the latest fund introductions were timed to take advantage of recent headlines and environmental concerns to stimulate demand from interested and concerned investors for fund products dedicated to reducing greenhouse gas emissions, promoting alternative energy, and addressing climate adaptation and mitigation strategies, to mention just a few. Green bonds and green bond funds that invest in green bonds are very clearly aligned with such considerations.
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