Candriam targets 'multi-decade' opportunity with circular economy fund launch

Managed by thematic portfolio managers Koen Popleu and Monika Kumar

Candriam has launched a new global equity fund targeting opportunities from a move towards the "circular economy", investing in companies that offer new technologies and innovations enabling the transition from the current unsustainable linear model.

Managed by thematic portfolio managers Koen Popleu and Monika Kumar, the Candriam SRI Equity Circular Economy fund seeks to benefit from the transition from the current "linear economic model" of "take, make, dispose" to a more sustainable "circular" economic model, the firm said. Renewable energy sector 'falling short on human rights' The 2020 Global Circularity Gap Report found the world is currently only 8.6% circular, "demonstrating the breadth of opportunities available for investors", Candriam said, adding that resource depletion and inefficient waste management are ...