abrdn Sustainable Index assets hits £20 billion Milestone
25 March 2024abrdn’s Quantitative Index Solutions team (QIS) marked a significant milestone last month, with its sustainable index assets hitting £20 billion assets under management in just three years.
The assets include the abrdn Sustainable Index World Equity Fund, the abrdn Sustainable Index American Equity Fund and the abrdn Sustainable Emerging Market Equity Fund, which each have an ongoing charge of 0.15%. The sustainable index assets also include segregated portfolios.
The rapid growth of this institutional range demonstrates strong demand for sustainable, low-cost passive strategies amongst pension funds, insurance clients and wealth managers. abrdn also utilises these low-cost sustainable assets in its Myfolio Sustainable Index range of funds.
Sean Phayre, Global Head of Quantitative Index Solutions, commented, “Our ability to raise £20billion demonstrates the strong demand for well run, low cost, sustainable strategies amongst patient capital. Our team has been managing indexation strategies with a demonstrable track record of success on behalf of sophisticated institutional investors for nearly 20 years. Our sustainable range is a natural extension of our market-leading indexing capability.”
Sustainable indexing aims to address the sustainability concerns of passive investors and deliver sustainable improvements whilst keeping the benefits of passive investing. abrdn has leveraged on the 20 years’ experience of its Quantitative Index Solutions team in delivering index solutions to design its own customised sustainable indices.
- Our customised indices are proprietary to abrdn and have been designed in collaboration with the calculation agent MSCI, a global leader in index design and provision of ESG data and analytics.
- Our sustainable indices focus on achieving broad, material sustainable enhancements relative to their respective parent index through improved ESG scores, reduced carbon intensity and enhanced green revenue scores.
- Our range offers solutions across both Equity and Fixed Income and spans World, APAC, Emerging Market, European, UK, US and Japanese equities as well as Global and UK Credit.
All abrdn passive portfolios benefit from abrdn’s stewardship activities covering both engagement and voting.
Ends
Media enquiries
Jemma Jackson
+44 (0) 7340 641 812
Rachel Cashmore
+44 (0) 7341 7033 58
Notes to editors
About abrdn
- abrdn is a global investment company that helps clients and customers plan, save and invest for the future. Our purpose is to enable our clients to be better investors.
- abrdn manages and administers £494.9bn of assets for clients (as at 31 December 2023) including insurance companies, sovereign wealth funds, independent wealth managers, pension funds, platforms, banks and family offices.
- Our strategy is to deliver client-led growth. We are structured around three businesses – Investments, Adviser and Personal – focused on the changing needs of our clients.
- The capabilities in our Investments business are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge.
- Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives and working with clients to identify investment opportunities that suit their needs.