According to a Dec 9 press release, Singlife's public equity portfolio will track the performance of the MSCI Low Carbon Target Indexes, which aim to minimise portfolio exposure to emissions-related risks.
Singapore-headquartered insurance and investment firm Singlife has appointed Amundi, Europe's largest asset manager by assets, to manage a fifth of its developed and emerging market public equities by mid-2025. This will be benchmarked against MSCI’s low-carbon indexes.
Singlife says it will progressively increase its allocation to low-carbon indexes to decarbonise its portfolio, as part of its 2050 net-zero goal.
