InLife Launched Its First ESG-Focused Sustainable Investment Fund

Insular Life started its first sustainable investment fund focused on environmental, social, and governance (ESG) outcomes.

InLife recently launched its Systematic Global Sustainable Investment Fund (GSIF), which will invest in US multinational BlackRock, a leading asset manager and champion of ESG’s impact on investments.

InLife chief marketing officer Gae Martinez said its customers would have the option to invest in a globally diversified portfolio that promotes ESG values.

“Not only will they receive potential payouts, but they will also take part in a portfolio with lower carbon intensity for the long term by supporting the growth of these companies,” Martinez said.

Data showed sustainable investments make up 21.5% of total global assets under management in less than five years, with more stakeholders expecting companies to play a role in advancing ESG principles.

As ESG strategies grow steadily in the Philippines, GSIF is the first to offer monthly payouts with yields of up to 6% per annum.

InLife AVP for product development Jose Paolo Puno said that GSIF is one of the supporters of ESG looking for medium to long-term investment opportunities with a moderate risk profile and has invested in fixed-income instruments.

An international study revealed that ESG factors could improve financial performance over the long term.

“We have seen investors put more emphasis on ESG integration into investment management in the past few years, and income funds have seen strong growth in the past five years,” Martinez said.

InLife is the first, largest, and only Philippine-based insurance company in the country with an asset base of over ₱154 billion and a net worth of ₱47.8 billion.

Source: Philstar