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MetLife’s institutional asset management business has acquired $1.5 billion impact bond manager Affirmative Investment Management (AIM) as it looks to build out its internal sustainability capabilities.
Affirmative Investment Management, a global fixed income manager specialising in impact bonds, has recruited Fiona Reynolds as a senior adviser and the first member of a proposed new advisory board. She starts the part-time role in London on October 1, prior to her scheduled return to Australia around Christmas, covid permitting. The London-based AIM already…