APG, E Fund in A-share ESG investing first

Sustainable investing is still in its infancy in China but for some pioneering asset owners it has considerable promise, especially if Chinese companies begin to embrace the policies that help underpin it. APG Asset Management, one of the largest pension asset managers in Europe, claimed a first on Monday by announcing that it had partnered up with Guangzhou-based E Fund Management to offer a China A-shares equity strategy that incorporates sustainable and responsible investing cr…