Maybank, BNP Paribas asset management arms roll out MAMG Green Tigers Fund

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Maybank, BNP Paribas asset management arms roll out MAMG Green Tigers Fund
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PETALING JAYA: Maybank Asset Management (MAM), fully owned by Maybank Asset Management Group (MAMG), in collaboration with BNP Paribas Asset Managemen...

Maybank Asset Management , fully owned by Maybank Asset Management Group , in collaboration with BNP Paribas Asset Management, expanded its environmental, social and governance product offerings with the launch of the MAMG Green Tigers Fund, a Sustainable and Responsible Investment fund under the Securities Commission Malaysia’s guidelines.

MAM CEO Ahmed Muzni Mohamed said, “We had a great collaboration with BNP Paribas Asset Management last year with the launch of MAMG Global Environment Fund, and we are happy to add the MAMG Green Tigers Fund to our suite of ESG/Sustainable and Responsible Investment funds.” Furthermore, the fund is aligned with the UN Sustainable Development Goals, which are clean water and sanitation; affordable and clean energy; industry, innovation and infrastructure; sustainable cities and communities; and responsible consumption and production.

The financial sector, Choong said, has a critical role to play in creating a positive environmental impact and it is proud to have jointly launched MAMG Green Tigers Fund with Maybank Asset Management.

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