This is a new fund launched on 31 August so as such does not have any performance as yet. This meeting was therefore a fact find to understand more, and to see whether this has the potential to offer investors something different.
With so many impact / sustainable / responsible funds being launched it is worth digging a little deeper and understanding the motives behind this. Is the fund manager doing it for the right reason, or are they purely motivated to capture growing trends and therefore profit from a shift in market sentiment?
There will always be a crossover, but you can often tell whether the motives are right. We recently attended an update from a large fund manager who has launched a climate change fund. It all felt very slick, and the salesperson is constantly asking whether we will invest. When I think about the strategy and the team it just doesn’t feel right. The culture in the business doesn’t match the strategy…read more