Press release: Wellington Management Launches Global Impact Bond UCITS Fund
This Fund seeks to have a measurable, positive impact on major global social and environmental challenges while also aiming to deliver attractive total returns for investors.
London, UK, 19 June 2019 – Wellington Management today announced the launch of the Wellington Global Impact Bond Fund (“the Fund”). This UCITS-compliant global fixed income Fund seeks to have a measurable, positive impact on some of the world’s major social and environmental challenges while also seeking to deliver attractive long-term total returns for investors. The Fund, which is diversified across sectors, invests predominantly in investment-grade global fixed income securities whose issuers are helping to address these challenges.
The new Fund complements the firm’s existing impact equity product, the Wellington Global Impact Fund, and benefits from Wellington’s extensive global, cross-discipline research resources, which help to drive idea generation. It aims to provide a return profile that is similar to the global fixed income universe, making it suitable as a core holding, and has the potential to outperform the Bloomberg Barclays Global Aggregate Hedged to USD Index.
The Fund Manager is Campe Goodman, CFA, a member of Wellington’s Broad Markets Team who manages multi-sector fixed income portfolios. Campe has 20 years’ industry experience in asset allocation across the major fixed income sectors and is also the lead manager on Wellington’s Multi-Sector Credit Fund. Outside the firm, Campe chairs the board of a non-profit organisation that provides career skills development and job search support for underserved or disadvantaged individuals.
Campe Goodman said: “Individuals and institutions are increasingly interested in contributing to efforts that help ensure a sustainable future. They are also holding companies and governments accountable for their actions, through both consumption and investment. As more institutions get involved, the impact investment ecosystem is rapidly expanding within the public equity and fixed income markets. It’s a positive feedback loop that is amplifying opportunities for institutional investors to help address big sustainability issues.”
Stefan Haselwandter, Head of EMEA Client Group, said: “At Wellington Management, we are continuing to respond to the growth in demand from our clients in impact investing, ensuring that we provide investment solutions across equity and fixed income asset classes. The launch of this Fund demonstrates our ongoing commitment to our investors while addressing major social and environmental challenges as we build a comprehensive sustainability platform that responds to the investment needs of our clients.”
In recent months, Wellington has also launched two other sustainable investing funds, both in the equity space. The Wellington Climate Strategy Fund is a UCITS version of its long-running climate investing approach, while the Wellington Global Stewards Fund is focused on companies displaying exemplary accountability to stakeholders for every aspect of sustainable growth, including ESG factors
About Wellington Management
Tracing its history to 1928, Wellington Management is one of the world’s largest independent investment management firms, serving as a trusted adviser to over 2,200 institutional and private clients located in more than 60 countries and managing over USD 1 trillion of assets*.
Wellington offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. The firm’s only business is investment management and its mission is to exceed the investment objectives and service expectations of its clients worldwide. Wellington’s solutions draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate.
*For Wellington Management group of companies as at 31 March 2019.
Media Contact Information
Notes for Editors
For professional investors/trade press only. The Fund is registered for public marketing only in the following jurisdictions: Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Singapore, Spain, Sweden, Switzerland, UK.