LONDON, UK – Today, Affirmative Investment Management (AIM) announces the launch of its latest impact fund: the Delaware based AIM US$ Liquid Impact Fund LLC (US$ LIF). The market for fixed income impact investments has been growing rapidly. US$ LIF is managed by AIM’s portfolio management team, led by Justin Eeles, Partner. AIM has a track record of managing impact bond strategies since 2015.
The US$ LIF only invests in high grade issuances that have been evaluated and approved by AIM’s in-house Verification team. In addition to sustainability criteria, the evaluation process focuses on the engagement and transparency of reporting by the issuer and the measurable impact of the underlying proceeds. To align with AIM’s mission to help mobilise capital to address the major challenges the world faces, the fund supports those issuers that have demonstrated a commitment to aiding the transition to low carbon growth and supporting the UN Sustainable Development Goals.
“The launch of the US$ LIF is testiment to AIM’s commitment to offer a pure play debt impact product across the entire yield curve. We hope this will lead to an increased supply at the short end, helping to broaden, deepen and grow the overall impact bond market, something AIM is committed to facilitating.”
— Stuart Kinnersley, Managing Partner
AIM has been running the Liquid Impact strategy for almost 3 years. Last July, AIM issued the landmark annual impact report for this strategy. This incorporated the Carbon Yield metric which AIM helped develop with key partners: Lions Head Global Partners and South Pole Group (now ISS Ethix), and funded by The Rockefeller Foundation.
The Lombard Odier Global Climate Bond Fund, managed by AIM, was awarded ‘Green Bond Fund of the Year’ by Environmental Finance in March 2018. AIM has also recently announced a strategic Alliance Partnership with Colonial First State (CFS) and the launch of the Affirmative Global Bond Fund in Australia on the CFS platform.
Alya Kayal at Alya.email@example.com