A separately managed account (SMA) for businesses with the potential for ESG-related growth has been launched by the Boston-based arm of French asset manager Amundi.
The US Equity ESG Improvers SMA will invest in US companies that Amundi deems to have a positive ESG trajectory, as well as ESG leaders.
The strategy seeks to outperform the S&P 500, Amundi said in a press release.
Companies:Amundi