This is a brand-new strategy and therefore at this stage we do not have details on holdings, performance etc. L&G have embarked on launching strategies that invest into growing global themes. With this strategy they have linked with Global Data to create an index that invests into the hydrogen economy. This is about 10 years behind clean power, and they believe, with subsidies and supporting policies, this offers multiyear growth opportunities. There is also very little overlap with clean energy and battery technology.

99% of hydrogen is made from fossil fuels and accounts for more global greenhouse emissions then the airline industry. However, a switch to green hydrogen will significantly reduce carbon emissions. To this end the process goes through electrolysers and the costs of this have gone down by about 50% in the last 5 years….read more