Fidelity International has unveiled the Sustainable Water and Waste fund, which will be run by Bertrand Lecourt, former global equities portfolio manager at Polar Capital.
The new fund will look for sustainable investment opportunities within the water and waste management sectors to reflect the firm's belief that "rapid urbanisation is underway". It will aim to deliver strong risk adjusted returns across the cycle through investing in companies across the world with a link to products and services associated with these sectors. Manager Lecourt will invest across the water and waste value chains, including in businesses developing new technologies to meet growing demand. 'Water is the new gold': BMO GAM's latest ESG changes He will utilise the gro...
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