The UCITS fund will invest in companies and sectors best positioned to take advantage of the sustainability theme, including healthcare, education services, waste and water management. The manager will employ environmental, social and governance factors in the investment process to create a concentrated portfolio of high conviction stocks set for positive earnings growth, driven by sustainable investment. The fund focuses on an underlying range of mid- and large-cap companies, to avoid the illiquidity risks in more small-cap, oriented, cleantech strategies.
Mitchell said: “Sustainability is about managing for growth. It is not about only cleantech and carbon trading, but about driving product innovation, minimising costs and managing supply-chain risks.
Read more: http://www.investmentweek.co.uk/investment-week/news/2072873/glg-launches-global-sustainable-equity-fund#ixzz1NH32HH00
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