Swiss private banking group Bank J. Safra Sarasin has launched the JSS Sustainable Bond – Global High Yield fund on 27 March 2018, InvestmentEurope can reveal. The fund, managed by Roland Müller, is authorised for sale in Luxembourg only for the moment.
It aims to invest in high yield bonds issued by countries, organisations or companies that make a contribution to sustainable business practices. Exclusions can be set on the basis of critical activities (e.g. production of nuclear energy or weapons).