Morgan Stanley Investment Management and Calvert Research and Management (Calvert), a subsidiary of Morgan Stanley, today announced the launch of two new funds, the MS INVF Calvert Sustainable Climate Transition Fund, which invests in listed global equities, and the MS INVF Calvert Sustainable Global Green Bond Fund. The new Funds meet the SFDR Article 9 criteria and bring the total number of Calvert strategies available in Europe to eight. The expanded offering showcases Morgan Stanley Investment Management’s continued commitment to providing its clients with products and global solutions centered on responsible investing.
The strategies seek to deliver competitive investment results and sustainable impact across asset classes and are driven by its proprietary fundamental research, financially material Environmental Social Governance (ESG) data analysis and direct company engagement. The newly available strategies join the robust suite of Morgan Stanley Investment Management offerings that invest in securities with leading ESG characteristics with the core objective of long-term value creation and positive global impact.
“We believe that investing responsibly is the key to delivering sustainable and long-term returns while helping to address some of the biggest challenges faced by the world today” said John Streur, President and Chief Executive Officer of Calvert. “Bringing together the investment and distribution capabilities of both Calvert and Morgan Stanley Investment Management has allowed us to develop a range of funds for European investors that focus on energy transition and climate change. With Calvert’s deep understanding of material ESG analysis combined with our
expanded distribution network through Morgan Stanley, we believe we are positioned to provide our clients with the most innovative, responsible investment solutions available.”
Promoting environmental sustainability and resource efficiency, advocating for equitable societies and enhanced societal outcomes as well as demanding accountable governance and transparent operations are at the core of the Calvert Principles for Responsible Investment, which form the foundation of the investment process.
Jacques Chappuis, Global Head of Distribution and Co-Head of the Solutions and Multi-Asset Group at Morgan Stanley Investment Management noted that the market reaction to the Calvert solutions introduced earlier this year is encouraging. “Expanding the market-leading sustainable investing funds available through the Morgan Stanley Investment Management platform demonstrates our continued commitment to delivering innovative, best-in-class products and solutions to meet our clients’ responsible investing objectives,” said Mr. Chappuis. “As the longer-term societal shift to sustainable investing continues to play out, the demand for sustainability across sectors and asset classes will become more prominent.”
About Calvert Research and Management
Calvert Research and Management is a global leader in responsible investing. Calvert sponsors one of the largest and most diversified families of responsibly invested mutual funds, encompassing active and passively managed equity, income, alternative and multi-asset strategies, with approximately $30.8 billion in assets under management as of September 30, 2022.
With roots in responsible investing dating back to the 1982 launch of the first mutual fund to oppose investing in companies doing business in apartheid-era South Africa, the firm seeks to generate favourable investment returns for clients by allocating capital consistent with environmental, social and governance best practices and through structured engagement with portfolio companies. Headquartered in Washington, D.C., Calvert manages assets on behalf of funds, individual and institutional separate account clients, and their advisors. Calvert Research and Management is a wholly owned subsidiary of Morgan Stanley.
About Morgan Stanley Investment Management
Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,200 investment professionals around the world and $1.3 trillion in assets under management or supervision as of September 30, 2022. Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im.
About Morgan Stanley
Morgan Stanley (NYSE: MS) is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. With offices in more than 41 countries, the Firm's employees serve clients worldwide including corporations, governments, institutions and individuals. For more information about Morgan Stanley, please visit www.morganstanley.com.
Tom Walton Colleen McElhinney
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