Goldman Sachs AM launches environmental impact equity fund

'Five key drivers' of returns

Goldman Sachs Asset management (GSAM) has launched an environmental impact fund headed up by Alexis Deladerrière and the firm’s global equity team.

The Goldman Sachs Global Environmental Impact Equity Portfolio, which will be run using bottom-up stock selection process, aims to hold companies that positively contribute to clean energy, resource efficiency, sustainable consumption and protection, a circular economy, or water sustainability. GSAM believes such companies are "well positioned to benefit from long-term demand tailwinds" in these areas of the market. ESG Blog: Charles Stanley finds nearly half of investors plan to increase ESG exposure Deladerrière, who is a managing director, head of international developed markets...