What's New In Investments, Funds? - Maitri

Editorial Staff

17 November 2020

Maitri
, a Singapore-based investment firm, has launched its Sustainable Liquid Income Fund - the second fund in its portfolio.

This is a long-only fund holding short-duration, dollar-denominated bonds issued by corporates and sovereigns from across the globe.

Actively managed by chief investment officer, Ankit Khandelwal, the fund will aim to generate alpha over bank deposit rates by taking on liquid credit risk and incorporating a daily redemption feature. This will make it very attractive for cash management purposes for corporate and institutional investors. While the rating of Maitri’s overall portfolio will be investment grade, the S.LIQ will also be able to invest in high-yield securities. The fund has already gathered more than $50 million in assets.

The fund will screen all investments against six negative sectors and apply a proprietary ESG-integrated investment framework. The latter constitutes a thermal coal exclusion; performing ESG due diligence for investments in sectors and companies with high ESG-related risk scores; ongoing monitoring of ESG controversies; and an engagement and corporate voting policy.

Maitri Asset Management was founded as the Tolaram Group family office in November 2015.