Baillie Gifford launches Positive Change fund run by eight-strong management team

Focused on companies making a social impact

Baillie Gifford has launched the Positive Change fund, its first product focused solely on investing in companies making a positive social impact by addressing issues such as education, the environment and healthcare.

The firm said the fund differs from many ESG-focused vehicles, which filter out names perceived to cause harm, as it specifically invests in companies where the aim to contribute towards a more sustainable and inclusive world is core to their business.  What are the big sustainable investment themes for next year and beyond? Portfolio construction is driven by bottom-up stock selection covering themes like social inclusion and education, environmental needs, and healthcare and quality of life (see table, bottom).  Sitting in the Investment Association's Global sector, Baillie Giffo...