Industry titan targets institutional core allocations through new climate equity funds
One of the world's largest asset managers, State Street Global Advisors, believes its new systemic equity climate funds will appeal to both institutional and retail investors, because it combines scientific data with the asset manager's own investment capabilities.
State Street Global Advisors (SSGA), the world's fourth largest asset manager, recently announced the launch of three equity funds, which align with the Paris Agreement goals to keep the increase in the global temperature average below 2 degrees Celsius above pre-industrial levels.
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