Goldman Sachs Asset Management (GSAM) has launched an impact equity fund to target five key pillars of sustainability.
The Goldman Sachs Global Environmental Impact Equity Portfolio seeks to generate long-term capital by exposing investors to global companies which embrace key environmental themes.
Alexis Deladerrière, who will manage the fund, is using a bottom-up investment approach which integrates ESG and impact factors into the investment strategy will manage the fund.
The fund will focus on companies that support the following five key ESG themes:
- Clean energy
- Resource efficiency
- Sustainable consumption & production
- Circular economy
- Water sustainability
Commenting on the launch, a spokesperson for GSAM said: ‘Against a backdrop of growing challenges related to climate change and unsustainable environmental practice, we are starting to see government, business and consumer behaviour adapt.’
GSAM said this creates a growing need for corporate sector innovation to help alleviate these challenges and put the world on a path to greater environmental sustainability.
‘For companies that can successfully provide new solutions to these problems, there are significant demand tailwinds that we believe can support long-term capital appreciation,’ the company added.
The fund is a Luxembourg-domiciled, Ucits-compliant fund and is available for purchase across a range of EU countries.
- Deep Dive: Impact investing different to ESG – Investment Week
- Impact investing: As popularity soars what do managers and investors need to be aware of? – Investment Week
- Impact investing and me: insights on the future of finance – London Business School Review
- Liverpool Partners launches new Impact Multi Strategy Fund – The Australian Financial Review
- Andrew Lo: It’s Possible to Measure the Impact of Impact Investing – Institutional Investor