Virgin Money is to launch a climate change vehicle, its first fund in 12 years. The group said it ...
Virgin Money is to launch a climate change vehicle, its first fund in 12 years. The group said it decided to launch something in this space to play on the biggest issue affecting the world at the moment. London-based GLG Partners, who manages similar mandates for other institutions, have been appointed as advisor to the fund. They will use data provided by environmental research organisation Trucost as well as their own analysis. The fund will be benchmarked against the MSCI Europe Index meaning that the portfolio will consist of mainly European holdings but it does have the ability to ...
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