^{Raymond Tang, CEO of Eastspring Investments Berhad}


The Fund offers potential long-term capital growth alongside positive impact on global social and environmental issues.
 
KUALA LUMPUR, April 18 (Bernama) -- Eastspring Investments Berhad (“Eastspring”) today announced the launch of the Eastspring Investments Global Impact Fund (“Fund”) for Malaysian investors.
 
The Fund is a wholesale feeder fund that aims to provide investors with long-term capital appreciation by investing in the Wellington Global Impact Fund (“Target Fund”). The Target Fund in turn, seeks to achieve its objectives by investing primarily in global equities, focusing on companies whose core business, in the opinion of its investment managers, aims to generate positive social and/or environmental impact alongside financial returns.
 
“As a leading asset manager in Malaysia, we prioritise our fiduciary duty and we are firmly invested in the future of our clients. We also recognise the responsibility we have to society, local communities, and the world at large. We are therefore excited to offer a fund that not only strives to provide potential returns over the long term but also contribute positive outcomes to social and environmental issues,” said Mr Raymond Tang, Chief Executive Officer of Eastspring.
 
Impact investing, as a segment of sustainable investing, helps address issues related to climate change, food and drug safety, and access to affordable housing.
 
“The global pandemic and the rise of natural disasters have heightened investors’ focus on environmental and social issues, and in turn increased the demand for funds incorporating environmental, social and governance (ESG) themes. This is why at Eastspring we felt it was an opportune time to launch the Eastspring Investments Global Impact Fund,” added Mr Tang.
 
“We designed this Fund to feed into the Wellington Global Impact Fund because of the latter’s strong track record of performance¹. Importantly the Target Fund has produced measurable outcomes,” said Ms Yap Siok Hoon, Head of Distribution at Eastspring.
 
The Fund is suitable for sophisticated investors who seek capital appreciation, want to participate in the global market, have higher risk tolerance and a long-term investment horizon.
 
The Fund’s 21-day initial offer period commences from the date of this announcement and ends on 8 May 2022. Investors can purchase units of the Fund with a minimum investment of RM1,000 at RM0.50 per unit.  Applications for units can be made via authorised unit trust consultants and distributing banks. For more information about the Fund, please visit https://www.eastspring.com/my.

 
ABOUT EASTSPRING INVESTMENTS
Eastspring Investments, part of Prudential plc, is a leading Asia-based asset manager that manages over USD 258 billion (as at 31 December 2021) of assets on behalf of institutional and retail clients. Operating in Asia since 1994, Eastspring Investments has one of the widest footprints across the region*. We provide investment solutions across a broad range of strategies including equities, fixed income, multi asset, quant and alternatives and are committed to delivering high quality investment outcomes for our clients over the long term.
 
Responsible investing is at the core of Eastspring’s business and Eastspring investment teams are empowered to integrate ESG considerations consistent with their investment philosophies and processes. The firm actively seeks to align the business with global sustainability initiatives and is a signatory to key initiatives including the United Nations-supported Principles for Responsible Investments (UNPRI) and Asia Investor Group on Climate Change.
 
For more information on Eastspring Investments, please visit: www.eastspring.com
 
*Eastspring Investments (excluding JV companies) companies are ultimately wholly-owned / indirect subsidiaries / associate of Prudential plc of the United Kingdom. Eastspring Investments companies (including JV's) and Prudential plc are not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company, a subsidiary of M&G plc, a company incorporated in the United Kingdom.
 
ABOUT EASTSPRING INVESTMENTS BERHAD
Established in 2000 in Kuala Lumpur, Eastspring Investments Berhad is one of Malaysia’s leading asset management companies serving both institutional and retail clients, with RM51 billion in assets under management in the country (as at 31 December 2021). Eastspring Investments Berhad manages unit trust funds, wholesale funds as well as private mandates.


¹ Past performance is not an indication of future performance.
 

Source: Eastspring Investments Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Judy Yap
Director of Brand and Communications
Tel: 03 – 2789 3389 / 012 – 287 7410
Email: judy.yap@eastspring.com 

--BERNAMA