AIIB’s ESG credit mandate with abrdn to 'expand opportunities'

A sustainabiilty-focused debt investment mandate from Asian Infrastructure Investment Bank (AIIB) to asset manager abrdn has proven successful and lays the ground for similar mandates in the future, a senior executive at the bank said. “With our debt focus, and this ESG concept mandate, I believe we are expanding our business while also showing the world how it can be done,” said Lee Dong-ik, director general, investment operations at Beijing-headquartered AIIB. “Fixed income is…