Maybank’s Etiqa Launches its First ESG Fund

Maybank Group’s insurance and takaful arm, Etiqa, has announced the launch of its first environmental, social and governance (ESG) fund, the Premier Global Sustainable Equity Fund (PGSEF), on the 27th of May 2022.

Why it Matters?

The fund is set to deliver performance by investing in firms with sustainable investment themes linked operations over the medium to long-term period. According to Etiqa’s Chief Strategy Officer (CSO), Chris Eng, as more people are aware of the impact of climate change and the hazards associated with poor human capital management, investors have witnessed the safety displayed by ESG funds within unpredictable markets in the long run. ESG fund returns are also expected to revert to and maintain the outperformance s...