Touchstone Investments is preparing its fifth ETF, a product that would seek to invest in companies benefitting from “a transitioning climate environment.”
The company filed an initial prospectus Jan. 5 for the Touchstone Climate Transition ETF. The fund would seek out equity securities that the fund’s subadvisor, Lombard Odier Asset Management, sees as “leading the development of solutions for a net-zero carbon emissions and climate-resilient economy, and/or may benefit from a transition to a carbon-constrained world and adaptation to a carbon-damaged world”. That includes companies seen as solutions providers, transition leaders and those providing “adaptation opportunities,” according to the filing.
Lombard Odier’s Paul Udall is listed as portfolio manager for the forthcoming ETF, while Peter Burke-Smith would be assistant portfolio manager.
Touchstone Investments has several existing ETFs, none of which appear to have a climate related or ESG focus. However, two of the firm’s mutual funds do — the Non-US ESG Equity Fund and the International ESG Equity Fund.
The forthcoming ETF is actively managed and would be listed on the Chicago Board Options Exchange. It has net expenses of 69 basis points.
This story was originally published on ESG Clarity.
Integrated Partners is adding a mother-son tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
Financial advisors remain vital allies even as DIY investing grows
A trade deal would mean significant cut in tariffs but 'it wont be zero'.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
