Aberdeen to manage AIIB's US$500m ESG portfolio of Asian infrastructure bonds

Singapore

GLOBAL asset manager Aberdeen Standard Investments (ASI) and the Asian Infrastructure Investment Bank (AIIB) have partnered to develop debt capital markets for infrastructure, drive responsible investing in fixed income, and build a sustainable environmental, social and governance (ESG) ecosystem for investing in Asia's emerging markets.

On behalf of the development bank, ASI's Asian fixed income team based in Singapore will manage the US$500 million AIIB Asia ESG Enhanced Credit Managed Portfolio, both parties said in a joint media statement on Friday.