Alternative Investments/ESG: BlackRock Launches Paris-Aligned Corporate Bond ETF On Xetra

https://dailyalts.com/wp-content/uploads/2022/06/tree-g17351d7c6_640.jpg

BlackRock has launched a PAB corporate bond ETF with €50m in seed capital.

BlackRock has listed the iShares € Corp Bond ESG Paris-Aligned Climate UCITS ETF (CBUJ) on Xetra. The ETF seeks to capitalize on opportunities arising from the transition to a lower-carbon economy, while screening out businesses exposed to oil, gas, thermal coal, controversial weapons and high carbon electricity. (ETF Stream)

iShares € Corp Bond ESG Paris-Aligned Climate UCITS ETF (CBUJ)

The ETF has a total expense ratio of 0.15%. It tracks the Bloomberg MSCI EUR Corporate Climate Paris Aligned ESG Select Index.

Manuela Sperandeo, head of sustainable indexing for EMEA at BlackRock said: “The transition will require investors to embrace new strategies, and ETFs are playing a central role as foundational building blocks for people seeking out affordability, transparency, and convenience.”

 “Our focus remains on providing a broad and deep set of sustainable investment tools that help investors make informed choices. This launch provides investors with a consistent approach across iShares equities and fixed income PAB ETFs, ensuring solutions are available to build multi-asset Paris Aligned Benchmark portfolios.”

Related Story: BlackRock Launches Four New Sector ESG ETFs

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2023/12/AMD_headquarters_santa_clara.624da707519a6.jpg
Artificial Intelligence: AMD Takes On Rivals In The AI Chip Sweepstakes
December 7, 2023     Artificial Intelligence, News

Chipmaker AMD (NASDAQ: AMD) has unveiled a range of innovative AI solutions spanning from data centers to personal computers. The AMD Instinct MI300 Series features data center AI accelerators, while…

https://dailyalts.com/wp-content/uploads/2023/12/RHCEU-Inline.jpg
Digital Assets: Robinhood Debuts Crypto Trading On Its App In The EU
December 7, 2023     Digital Assets, FinTech, News

Robinhood (NASDAQ: HOOD) has launched its Crypto app in the European Union (EU), allowing eligible customers to engage in crypto trading with the added incentive of earning Bitcoin rewards. Customers…

https://dailyalts.com/wp-content/uploads/2023/12/Samsung_UK_Samsung_Pay_Lifestyle_0552-revised-Pictogram-23.11.30-1024x744-1.png
FinTech: Samsung Electronics Ties With Mastercard’s Wallet Express
December 7, 2023     FinTech, News

Samsung Electronics (KRX: 005930) and Mastercard (NYSE: MA) have partnered to launch the Wallet Express program, offering banks and card issuers a cost-effective way to expand digital wallet offerings. Through…

https://dailyalts.com/wp-content/uploads/2023/12/Revaia-founders.jpg
Venture Capital: Revaia, Europe’s Biggest Female-Led VC Firm, Racks Up $160M For Second Fund
December 7, 2023     ESG and Sustainability, News, Venture Capital

Revaia, Europe’s largest female-founded venture capital firm, has successfully raised €150 million ($160 million) for its second fund, Revaia Growth II. The funding was secured from sovereign wealth funds, family…