Foresight launches global infrastructure fund

Capitalising on adviser demand

Foresight Group plans to take advantage of the growing appetite for infrastructure among financial advisers with the launch of an infrastructure fund focused on sustainability, it said on Monday.

The company will launch the FP Foresight Global Real Infrastructure fund, which will invest sustainably into publicly listed global equities that own and operate real infrastructure or renewable energy assets. The stocks it buys must deliver a net social or environmental benefit and comply with the ten principles of the United Nations Global Compact for business. This gives it an investable universe of 91 companies. Where next for infrastructure trusts and the 'nationalisation debate'? Foresight said it is taking advantage of increasing interest in the asset class, with four-fifths...