"Our world faces a multitude of environmental, social, and societal challenges," an Indosuez spokesperson tells Impact Investor.
"Our world faces a multitude of environmental, social, and societal challenges.
Our clients are increasingly keen to invest in companies running projects with a positive impact on the environment."
Enter Indosuez Funds Impact, a new fund from the 145-year-old Luxembourg-based asset manager that will invest in companies that have a positive social or environmental impact, the Guardian reports.
"Our world faces a multitude of environmental, social, and societal challenges," an Indosuez spokesperson says.
"As a responsible investor, Indosuez Wealth Management keeps strengthening its commitment to responding to these challenges and our impact fund is one of our new tools to do so."
The new fund will focus on investments that contribute to the achievement of UN Sustainable Development Goals, including "Zero Hunger, Health, Quality Education, Affordable and Clean Energy, Sustainable Cities and Communities, Climate Action, Life below Water, Sanitation, Clean Water and Industry Infrastructure, and Responsible Consumption and Production."
The portfolio will be made up of at least 80% shares in international companies (including emerging countries up to a limit of 10%) that have a positive and measurable social or environmental impact.
The new fund will
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