Investment management firm Wellington Management has launched a climate strategy, investing in companies tackling environmental sustainability or climate risks.
The Wellington Climate Strategy UCITS fund will be managed by Alan Hsu, global industry analyst at Wellington Management, along with the firm's global industry analysts. The fund will incorporate a number of themes including low-carbon electricity, energy efficiency, water and resource management and low-carbon transport. The climate change revolution: Two investor misconceptions Hsu said: "We believe climate science, public policy and technology improvements will move us to a low-carbon future, with clear winners and losers along the way. "Efforts to mitigate carbon or ada...
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