Winner TBLi-IPE ESG Leaders Award Outperforms Benchmark

Nikko Asset Management’s Luxembourg-domiciled World Bank Green fund has returned 11.6% in its first 12 months – annualised as at 28 February 2011 – versus the benchmark return of 9.7%, supported by conservative currency positioning.

The green bonds fund – which scooped the ‘Most Innovative Development in ESG’ (environmental, social, governance) prize at IPE and TBLI’s annual ESG Leaders Awards Ceremony in November 2010 – has raised almost £400m (€460m) from institutional investors in Europe and the Middle East, as well as Japanese investors, in the run-up to its first anniversary.
©Nina Röhrbein IPE 17/3/2011