Northern Trust selected by Osmosis to support fossil fuel-free fund
Asset servicing solutions to support launch and distribution strategy for $2 billion sustainable investment manager.
March 3, 2021 2:49 PM GMT
Northern Trust has been selected by Osmosis Investment Management to provide fund administration, global custody and depositary services for its new fossil fuel-free UCITS Common Contractual Fund (CCF).
The strategy, which Osmosis developed amid growing investor appetite to remove carbon risk from investor portfolios, will allow institutional investors to target an uncorrelated source of sustainable alpha from their core equity exposure, with a positive environmental focus.
This latest addition to its suite of resource efficient strategies brings Osmosis’ ex–fossil fuel assets under management to over $600 million.
Northern Trust Selected by Osmosis Investment Management to Support Fossil Fuel Free Common Contractual Fund
Northern Trust today announced it has been selected by
Osmosis Investment Management (Osmosis) to provide fund administration, global custody and depositary services for the Osmosis Resource Efficient Core Equity (ex-fossil fuels) Fund in a Collective Investment in Transferable Securities (UCITS) Common Contractual Fund (CCF).
The strategy, which Osmosis developed amid growing investor appetite to remove carbon risk from investor portfolios, will allow institutional investors to target an uncorrelated source of sustainable alpha from their core equity exposure, with a positive environmental focus. This latest addition to its suite of resource efficient strategies brings Osmosis ex fossil fuel assets under management to over US$600 million.