For now, traders are in search of future managers of those three funds known as “local weather ambition”.
Ten institutional traders, for almost all of insurance coverage corporations, introduced Monday in a joint assertion the creation of three Investment Funds with a complete of € 500 million to fight world warming.
Coordinated by Caisse des Dépôts, preliminary traders will probably be Allianz France, Aviva France, Axa France, BNP Paribas Cardif, CNP Assurances, EdF, Macif, Maif and Société Générale Assurances.
This initiative can also be supported by the French Affiliation of Institutional Buyers (Af2i), the French Administration Affiliation and Finance for tomorrow and the French Federation of Insurance coverage (FFA). For now, traders are in search of future managers of those three funds known as “local weather ambition”.
A technique aligned with the targets of the Paris Settlement
will probably be invested in European shares, every as much as 200 million
euros, the third will probably be in European bonds
grade 'with a low stage of default danger, for an quantity of
100 million euros.
administration might apply for a category
asset or each, is it specified. These
will probably be required to suggest “progressive strategies to combine the battle in opposition to
in opposition to world warming in monetary administration, “clarify
traders of their launch.
want to implement in these funds a method aligned with the
climatic targets set by the Paris Settlement in 2015, aimed specifically at
restrict world warming to 1.5 ° C most. Future managers
of funds should intention at “a danger / return ratio per that of
the asset class “and guarantee” good diversification, specifically
sectoral, portfolios “.