This is a brand-new fund which was launched on 27th October 2020. The whole team have come across from Hermes where they set up the previous strategy. At this stage we do not know the holdings for the fund, but we can show the performance under the previous strategy. The strategy is being set up under the Regnan brand which is an Australian ESG business. The process which they developed remains unchanged, but the big difference is the feeding of sustainable thematic research which identifies challenges. The team has a flat structure, and each member brings something unique to the table, with a culture of challenge.
The fund has had to be approved by the FCA, who wanted to make sure this was a genuine impact strategy before providing approval. Working with Regnan they have a blank sheet of how they develop moving forward and the aim is to open different strategies over time….click here