PGIM Investments, the global investment management business of Prudential Financial, has expanded its global Ucits range with the launch of an environmental, social and governance (ESG) equity fund.
Sub-advised by investment firm QMA, the actively-managed PGIM QMA Global Core Equity ESG Fund will evaluate the ESG status of every security in the global core equity sector.
It aims to avoid the “worst ESG offenders while maintaining performance expectations”.
The fund is currently registered in the UK, Germany, the Netherlands, Norway, Denmark, Finland, France, Sweden, Luxembourg and Spain for retail investors.
