NOW: Pensions Introduces Green Bonds To The Diversified Growth Fund

For immediate release: 21 November 2017

As part of its ongoing commitment to socially responsible investment, with effect from October 2017, NOW: Pensions has introduced green bonds into the NOW: Pensions Diversified Growth Fund. The fund now has approximately 13% of total assets under management invested in green bonds.

Green bonds provide essential capital for projects involved with environmental and climate protection. For example, renewable energies, resource efficiency, environmental friendly transportation, pollution prevention and control, sustainable water and wastewater management and biodiversity. Investments have been made in green bonds issued by KfW, the European Investment Bank and the French Government.

In line with diversified approach adopted by the portfolio, investments have been made in green bonds denominated in GBP, USD and Euro.

Win Robbins, Trustee Director, NOW: Pensions said: “The NOW: Pensions Investment team has thoroughly researched the green bond market to identify bond issues which satisfy the risk return characteristics that the portfolio is seeking. 

“Encouraging and financing projects which focus on environmental and climate protection cannot be left solely to governments. The green bond market fulfils a vital role for society as a whole, while also benefitting members of the NOW: Pensions Scheme.”

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For further information:
Amy Mankelow / Cheriton Lee
NOW: Pensions
Tel: 07887 604 640 / 07557 109838
Amy.mankelow@nowpensions.com / cheriton.lee@nowpensions.com

Notes to editors
NOW: Pensions www.nowpensions.com @nowpensions

NOW: Pensions is one of the UK’s largest workplace pension providers with over a million members and tens of thousands of employers from a wide range of sectors. A subsidiary of one of Europe’s largest pension funds, Danish pension scheme ATP, NOW: Pensions entered the UK market in 2011 with a simple and cost effective workplace pension designed specifically with the auto enrolment market in mind.

“We were impressed with the simplicity of its scheme. The ease of implementation was also a big plus for us and has removed much of the administrative headache.” — Neil Tune, HR director at Fitness First
I've known ATP for many years and have enormous respect for the effectiveness of their investment strategy. I'm convinced that NOW: Pensions can become a major player in the UK and look forward to being a part of that success. — Chris Daykin, the former Government Actuary
Over a short period of time, NOW: Pensions has established itself as a respected and credible player in the UK workplace pensions market attracting thousands of employers and hundreds of thousands of members. Joining the team at such a crucial time… — Jocelyn Blackwell, Founder of Dunnett Shaw and Raising Standards in Pensions Administration
I'm excited by the opportunity to help bring to the UK auto-enrolment market NOW: Pensions, a customer-friendly and responsive trust-based alternative to NEST and to contract-based offerings. — Chris Daykin, the former Government Actuary
Why do we insist on having a choice of fund manager when the evidence shows there is usually no benefit to be gained…and there is always a negative impact in terms of cost? — Anthony Hilton financial editor of the Evening Standard writing in Pensions World, June 2013