European asset manager Amundi has launched two fixed-income strategies, adding to its ESG Improvers range, which looks to identify future environmental, social and governance (ESG) champions, enabling investors to invest in companies with ESG-related growth potential at an early stage.

The strategies are Amundi Funds Global Corporate ESG Improvers Bond, which seeks to outperform the ICE Bank of America Global Large Cap Corporate Index, and the Amundi Funds Pioneer Global High Yield ESG Improvers Bond, which seeks to outperform the ICE Bank of America Global High Yield Index.

Amundi launched the ESG Improvers range earlier this year with the introduction of a pair of equity funds, one focused on US equities, and one on Europe. As with the equity funds, the new strategies will exclude companies not aligned with the firm’s ESG framework, and will select those that are fundamentally attractive and that are showing real and material progress on ESG, identified through a bottom-up investment process that integrates Amundi’s methodology.

In addition, Amundi will actively engage with company management throughout the investment process to understand and positively impact the company’s financial and ESG credentials as a whole.

Vincent Mortier, Amundi’s deputy CIO, says: “With the addition of the global corporate bond and global high-yield strategies, investors can further benefit from this innovative strategy in fixed income, which has already been successfully applied to the equity asset class.”