Lyxor and Bridgewater launch sustainable fund
Lyxor Asset Management and Bridgewater Associates have announced the launch of the Lyxor/Bridgewater All Weather Sustainability Fund, a multi-asset sustainability strategy for investors who seek to achieve both financial and sustainability goals at scale.
The strategy leverages Bridgewater’s systematic research process to assess and select public market assets aligned to the United Nations Sustainable Development Goals (SDGs) and utilizes the portfolio engineering of its pioneering ‘All Weather’ asset allocation framework. The fund, available in a UCITS format with daily liquidity, is managed by Lyxor and sub-advised by Bridgewater.
Nathanael Benzaken, Lyxor’s Chief Client Officer, says: “Our clients’ appetite for sustainable investing has grown significantly in recent years, with investors seeking to combine financial and sustainability outcomes. I am thrilled that Lyxor, relying on its strong ability to innovate and design transparent investment solutions, is expanding its fruitful 15-year relationship with Bridgewater into the field of sustainable investing in order to meet investors’ needs.”
Carsten Stendevad, Bridgewater’s Co-CIO for Sustainability, says: “Sustainable investing is a strategic priority for Bridgewater and our clients. In recent years, we have seen a fundamental shift in the investment community, with the expansion of objectives from risk and return to also include impact. We are excited to leverage our long-time relationship with Lyxor together with the rigor of our fundamental and systematic investment approach to help investors address this challenge.”
As an asset manager, Lyxor is committed to driving change by helping redirect investment flows towards more sustainable assets and solutions and has placed a strong emphasis on fighting climate change in its investment framework. As a pioneer in the alternative investment field, it has formed over the years a strong network of connections with some of the biggest names in the industry and is now building momentum towards developing sustainable investment solutions in partnership with the managers on its USD7 billion leading alternative UCITS platform. Lyxor currently manages EUR15 billion in ESG assets.