It’s an asset class that might seem a bit marginal and more than a little mysterious. But since the first AAA-rated ‘green bond’ was launched by the World Bank in 2007, the market has grown enormously.
Architas, part of the global AXA Group, today announced the sale of its UK investment business to Liontrust Asset Management Plc (“Liontrust”). The UK investment business, which includes two regulated legal entities Architas Multi-Manager Limited and Architas Advisory Services Limited, consists of UK regulated funds and UK advisory business with around £5.6bn* in assets. Subject to regulatory approval and approval from Liontrust shareholders, it is expected the sale will be completed by the end of this year.