Allspring Global Investments launches climate transition fixed income fund

The fund's investment approach will be to provide exposure to global high yield fixed income opportunities focused on "best-in-class" companies transitioning to a lower-carbon world.  Allspring hires Tom de Lisle as sales director for UK financial institutions Managed by the firm's Plus Fixed Income team and led by portfolio managers Mike Schueller, Jens Vanbrabant, Chris Lee and Sarah Harrison, the strategy will utilise Allspring's proprietary climate transition credit research to deliver a high level of income.  The portfolio will balance financial and climate considerations, the...