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Ninety One launches environment fund in Singapore


While Goldman Sachs AM unveils five thematic investment products in Lion City
The Ninety One Global Environment Fund received approval from the Monetary Authority of Singapore (MAS) for sale to retail investors in the Lion City on 4 January.
Its mandate is to invest in companies which contribute to positive environmental change through sustainable decarbonisation.
“The fund favours companies operating in services, infrastructures, technologies and resources related to environmental sustainability,” said a spokesperson for the firm.
The Luxembourg-domiciled product was launched in Europe in February 2019, according to FE Fundinfo.
It has posted a cumulative return of 82.3%, compared with a 34.1% average return for its ethical fund peers and 33.8% by the MSCI ACWI, with most of the outperformance occurring since June 2020, according to FE Fundinfo data. ....

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