Bringing you live news and features since 2006 

KBIGI launches fossil fuel-free versions of Global, Eurozone and Emerging Markets equity funds

RELATED TOPICS​

KBI Global Investors (KBIGI) has extended its range of Responsible Investing strategies, with the launch of fossil fuel-free versions of its Global, Eurozone and Emerging Markets equity funds. 

The new funds are aimed at satisfying the concerns and requirements of a growing band of investors. A recent study, ‘1000 Divestment Commitments and Counting’, from global campaign organisation ‘Fossil Free’, found that more than 1,000 institutions with managed investments worth almost USD8 trillion have committed to divest from fossil fuels. That’s a marked change from the end of 2014 when 181 institutions managing assets in the region of USD50 billion had made such a commitment.
 
To give the funds a distinct identity within the KBI Global Investors suite, they have adopted the ‘Integris’ brand and will be known as the KBI Integris Global Equity Fund, the KBI Integris Eurozone Equity Fund, and the Skellig Integris Emerging Markets Equity Fund.
 
As with all KBIGI equity strategies, the Integris fund range fully integrates ESG scores for all stocks in the investment portfolio and will always deliver a portfolio with an ESG score above the index.  However, the funds also avoid certain controversial industries and adhere to the United States Conference of Catholic Bishops’ guidelines on investing.
 
Investors in the funds are typically, but not exclusively, faith-based and have two principal concerns. First and foremost, they believe we are likely to see significant policy change, globally, making it increasingly uneconomic to burn coal, oil or gas – with investors in those companies exposed to considerable losses. Secondly, these investors have no wish to see their funds being used to finance fossil fuel companies, preferring instead to direct their funds towards ‘clean fuel’ companies in the field of renewable energy – solar, wind and hydro power included.
 
Eoin Fahy (pictured), Head of Responsible Investing at KBI Global Investors, says: “We have three decades of experience in managing Responsible Investing portfolios for our clients, and for certain portfolios already rule out investments in certain controversial industries and activities, such as tobacco and weapons. In adding fossil fuel stocks to that list of exclusions, we are enabling investors to declare their investments to be ‘fossil fuel reserves free’. This affords them the flexibility to make their own decision on this important topic and to implement their investment strategy accordingly.”

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by