Schroder Investment Management, 'Global Sustainable Growth Equity Fund' Surpasses 100 Billion KRW

[Asia Economy Reporter Minji Lee] Schroder Investment Management announced on the 12th that the cumulative sales balance of the domestically established ESG (Environmental, Social, and Governance) fund ‘Schroder Global Sustainable Growth Equity Fund,’ the first ESG fund launched by a foreign asset management company in Korea, has surpassed 100 billion KRW.

The Schroder Global Sustainable Growth Equity Fund recorded the highest sales balance among ESG global equity funds sold domestically within 100 days since its launch at the end of July. Its return was also the highest among domestically established ESG global equity funds, with a 3-month return of 5.38% as of the end of last month.

This fund is a fund of funds that collects capital domestically and invests in sustainable (ESG) investment funds managed by the Schroder Group headquarters. The offshore funds invested in by this fund have portfolios composed of IT, industrials, healthcare, and finance sectors, investing in global companies such as Microsoft in the U.S. and TSMC in Taiwan. Since changing its investment objective to ESG in 2017, it has consistently achieved market outperformance annually for four years through the first half of this year. Capital inflows have surged since last year, increasing the scale tenfold.

The Schroder Group has been striving to create a sound ESG investment ecosystem, starting with the announcement of its corporate governance policy in 1998 and introducing the UK Stewardship Code (principles of fiduciary responsibility) in 2010.

Additionally, Schroder Investment Management continues to deliver stable market outperformance based on specialized ESG investment personnel and extensive global equity management experience. Two product managers, along with over 150 local research team members, data analysts, and sustainable investment analysts, are responsible for or support the management. They focus on investing in a carefully selected portfolio of about 30 to 50 stocks through their proprietary Sustainability Quotient (SQ) index, consistently pursuing excess returns.

A representative from Schroder Investment Management stated, “With the global Green New Deal trend, individual investors investing in ethical and eco-friendly companies are increasing, drawing attention to ESG funds. If the fund’s performance is superior compared to general global equity funds, that interest will grow further.” They added, “As the Schroder Group has been leading the ESG investment field, the group will continue efforts to leverage accumulated know-how to achieve even better results.”

Meanwhile, the Schroder Global Sustainable Growth Equity Fund is available for subscription through KB Kookmin Bank, Korea Investment & Securities, Mirae Asset Daewoo, KB Securities, Kiwoom Securities, Shinhan Financial Investment, and Korea Post Securities, with plans to expand the number of distributors in the future.

This content was produced with the assistance of AI translation services.