Bringing you live news and features since 2006 

HSBC GAM launches UK Sustainable Equity UCITS ETF


HSBC Global Asset Management (HSBC GAM) has launched HSBC UK Sustainable Equity UCITS ETF on the London Stock Exchange (LSE).Offering a cost-efficient solution to invest in UK equities, the fund is the first UK sustainable equity ETF with a reduced carbon target. It is benchmarked against the customised FTSE UK ESG Low Carbon Select Net Tax Index, which targets a 20% ESG improvement and a 50% carbon emissions and fossil fuels reserves reduction. The index has an additional 10 per cent~20 per cent underweight to oil & gas in order to reduce exposure to the sector.

Olga De Tapia, Global Head of ETF Sales at HSBC Global Asset Management, says: “We’re pleased to offer our clients the first UK sustainable equity ETF with a reduced carbon target. As the latest addition to our sustainable equity ETF range, it will enable investors to tap into UK companies that are transitioning to a more sustainable future.” 

Latest News

REX Shares has announced a strategic reorganisation that integrates its REX Shares, MicroSectors, and T-REX products, as well as REX..
Allspring Global Investments writes that as it builds an investment platform for the future, it has filed for exemptive relief..
LSEG Lipper writes that ETF promoters in Europe enjoyed estimated net inflows (+EUR25.1 billion) for May 2024...
The European Fund and Asset Management Association (EFAMA) has published its 2024 industry Fact Book, which includes a foreword by..

Related Articles

Marcus Wayerer, Franklin Templeton
Franklin Templeton says that emerging markets are navigating a tricky environment at the moment, due to factors such as the...
Matt Barry, Touchstone Investments
Back in 2022, Cincinnati, Ohio-based Touchstone Investments launched its first four ETFs, having previously been predominantly a mutual fund company....
CN Tower, Toronto
The winners were announced in the second ETF Express Canadian awards at the event held at The Quay in Toronto,...
Darren Jordan, Komainu
Custody specialist, Komainu, was launched in 2018 as a joint venture between Nomura, digital-asset investment manager, CoinShares and blockchain business,...
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