Category: Private markets

BlackRock has launched a multi-asset and an equity ‘climate action’ fund. The asset manager has classified the two funds – both of which are actively managed – as Article 9 under the EU sustainable finance disclosure regulation, meaning they pursue sustainability as an objective. The multi-asset fund will seek to deliver a lower carbon intensity score than its equity and bond benchmarks, and will invest across equities, fixed income and alternatives, while the equity fund will invest in companies adapting to climate change as well as those “providing solutions for the mitigation of or adaption to climate change”. 

BlackRock also saw $135.4bn of inflows into its US and EMEA sustainable ETFs in 2021, a 62% increase on 2020. Over 70% of the inflows came in EMEA, with $12bn in December alone. The most popular funds were BlackRock’s ESG best in class strategies, followed by ESG optimised or tilted funds. 

Taiwan’s largest pension fund is due t…