AXA IM fixed income CIO calls Climate Bonds a "major new asset class brewing"

AXA Investment Managers (AXA IM) is one of the biggest asset managers in the world. At the end of 2009 AXA IM had EUR 328 billion of fixed income assets under management.

 

In a paper published this week, Christopher Iggo, AXA Investment Managers' CIO Global Fixed Income, said:

“AXA IM expects that climate bonds will become one of the most important debt securities to be found in the global financial system and that 2010 will see a significantly increased overall level of issuance.”

> Download the paper at AXA IM's Green Initiative page.