Singlife appoints Amundi for its low carbon transition strategy

The company will allocate 20% of its public equities for Amundi to manage.

Singlife has appointed European asset manager Amundi to help execute the company’s low-carbon transition strategy—benchmarked against the low-carbon indexes of MSCI, a critical decision support tools and services company.

The company will allocate 20% of its public equities for Amundi to manage by the middle of 2025. Singlife will progressively increase its allocation to low-carbon indexes to decarbonise its portfolio.

Singlife's public equity portfolio will track the performance of the MSCI Low Carbon Target Indexes, to quantify how it contributes to global climate action as a financial services company.

The indexes exclude investments in controversial weapons, ESG controversies, thermal coal mining, and oil sands.

Moreover, Singlife said the appointment of Amundi and MSCI, both United Nations-supported Principles for Responsible Investment signatories, reflects the group’s commitment to achieving Net Zero 2050.

Also Read

Japan slated for 1.74% CAGR through 2028

AllianzGI gets greenlight to buy 2% Guomin Pension stake

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit