European asset manager Lyxor Asset Management Group and the US investment management firm Bridgewater Associates announced the launch of the Lyxor/Bridgewater All Weather Sustainability Fund, a multi-asset sustainability strategy, aiming to meet investors’ sustainability goals while performing well across various market scenarios. The fund is managed by Lyxor and sub-advised by Bridgewater.
According to the companies, the new strategy will leverage Bridgewater’s systematic research process to assess and select public market assets aligned to the UN Sustainable Development Goals (SDGs), and will utilize the portfolio engineering of its All Weather asset allocation framework, which invests across multiple asset classes, designed to provide financial performance across multiple environments.
Nathanael Benzaken, Lyxor’s Chief Client Officer, said:
“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, said:
“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.”