PIMCO (Pacific Investment Management Company, LLC) is one of the largest fund managers in the world, managing more than $2 trillion (USD) in assets for investors and focusing on active fixed income management. In this interview I discuss PIMCO’s ESG Global Bond fund with Tina Adatia, executive vice president and product strategist in PIMCO’s London office.
Previously, Tina was an account manager focusing on the Middle East and North Africa region. She joined PIMCO in 2004, has 17 years of investment experience and holds an undergraduate degree in economics and actuarial science from the University of Southampton.
The global bond market is larger than equity markets in size, so it is a crucial area for ethical investors seeking positive impact. Described as a pioneer in developing the green bond market globally, PIMCO’s size and scale puts them in a position to be able to lead the industry and drive positive change. In this discussion we talk about the ESG Global Bond fund’s focus on financing positive projects and investing in climate leaders - including reducing carbon emissions, better treatment of workers, and provision of basic services in developing countries. The fund’s carbon intensity is 72% lower than the index - in real world terms, this is equivalent to taking over a million cars off the road for a year.
I hope you enjoy this discussion with Tina Adatia of PIMCO.
We wish to acknowledge the traditional custodians of the land we recorded on, the Wardandi Noongar people. We pay our respects to them and their culture; and to elders past, present and future.
You can check out PIMCO at www.pimco.com.au/en-au. For more information about James Baird and JustInvest Financial Planning see: justinvest and ethicalinvestment.
Disclaimer:
All $ amounts referenced are in USD and source citations are PIMCO unless stated otherwise.
ADDITIONAL INFORMATION
This material may contain additional information, not explicit in the prospectus, on how the Fund or strategy is currently managed. Such information is current as at the date of the presentation and may be subject to change without notice.
DATA
Data has been provided for illustrative purposes and are not indicative of the past or future performance of any PIMCO product. Charts may not be to scale and users should take this into consideration when conducting analysis.
ESG
Socially responsible investing is qualitative and subjective by nature, and there is no guarantee that the criteria utilized, or judgment exercised, by PIMCO will reflect the beliefs or values of any one particular investor. Information regarding responsible practices is obtained through voluntary or third-party reporting, which may not be accurate or complete, and PIMCO is dependent on such information to evaluate a company’s commitment to, or implementation of, responsible practices. Socially responsible norms differ by region. There is no assurance that the socially responsible investing strategy and techniques employed will be successful. Past performance is not a guarantee or reliable indicator of future results.
Disclaimers continued: www.justinvest.net.au/esg-global-bonds-pimco-disclaimers