Schroders and UOB unveil sustainable fund in Singapore

Clients can invest in the product with cash or retirement savings

Singapore

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Schroders Singapore has partnered with UOB to launch the Schroder ISF Sustainable Asian Equity Fund to Singapore investors.

The product invests in companies in Asia Pacific, excluding Japan, and incorporates ESG considerations throughout the investment process, according to the asset manager.

The Luxembourg-domiciled fund implements a bottom-up approach to identify investment opportunities in three areas, namely: sustainable companies, sustainable living companies, and sustainable transition companies.

Jacquelyn Tan, head of group personal financial services at UOB, said: “Sustainable investments in the region have been gaining pace as investors are increasingly concerned about the environmental and social impact of their investments, in addition to achieving financial returns.

“The launch of the Schroder ISF Sustainable Asian Equity Fund further broadens our sustainable investment portfolio to meet the rising demand for sustainable investing, giving our customers the choice of different asset classes that suit their financial goals and risk appetite.”

The fund has three share classes in Singapore, which investors can buy using cash, their supplementary retirement scheme, or central provident fund savings.

Managed by Jay Luong and Manish Bhatia, the fund has a management fee of 1.25% per annum.

For more insight on asset and wealth management in Asia, please click on www.fundselectorasia.com

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