- European asset manager Amundi has launched two new sub-funds of Amundi funds, the European Equity Fund and the Asia Multi-Asset Target Income Fund.

The European Equity Fund aims to outperform the MSCI Europe Index benchmark over the medium term, aiming to deliver returns by investing in European listed stocks. The Asia Multi-Asset Target Income Fund aims to generate income across Asian asset classes, sectors and countries with a broadly diversified portfolio that uses innovative approaches such as option writing and balanced factor exposure in its stock and bond selection process. Both funds are classified an Article 8 Fund under the EU Sustainable Finance Disclosure Regulation.

- Asset management firm Nuveen has launched a global credit impact strategy with the aim of generating long term returns while seeking to create a direct, measurable social and environmental impact.

It has been launched with investment around USD 170m from a range of global investors, including Gjensidige Pensjonsforsikring and Nuveen’s parent company TIAA. The global credit impact strategy draws upon the firm’s deep sector expertise and long history of managing fixed income portfolios focused on sustainability. It will seek to provide investors with access to investment grade corporates and other credit sectors designed to deliver alpha and total return. Investments in the portfolio will include exclusive use of proceeds benefiting environmental or social outcomes, and from issuers with commitment and an ability to deliver transparent impact reporting.

- Finnish earnings-related pension provider Ilmarinen is experimenting with automated calls to reach customers.

As part of the process, some customers between October and November will receive an automated call from Ilmarinen where they will be told about its workforce services and they will be asked if their contact details are up to date. Commenting, Ilmarinen customer relationship manager, Esa Jäntti, said: “We are experimenting with a new way of approaching our customers. At the same time, we are collecting information on the preferred ways of contacting customers. In the trial, we aim to reach customers who do not yet use Ilmarinen's services.”

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