M&G launches climate-focused impact fund

Randeep Somel to manage M&G Climate Solutions

Mike Sheen
clock • 2 min read

M&G Investments has launched a concentrated equity impact strategy, targeting investment opportunities across clean energy, green technology and the promotion of the circular economy.

The M&G Climate Solutions fund will invest in a portfolio of around 30 companies, for each of which it will provide investors with a report on the net positive climate impact and revenue alignment with climate-related UN Sustainable Development Goals. ESG Blog: World's largest companies failing to demonstrate human rights due diligence to investors Its investible universe is defined by M&G's ten-strong Positive Impact team, which reaches consensus on the impact of all potential investments by undertaking a three-point analysis covering the investment case, intentions and impac...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

T. Rowe Price Emerging Markets Discovery Equity awarded RSMR rating

T. Rowe Price Emerging Markets Discovery Equity awarded RSMR rating

Due to dedicated management

Linus Uhlig
clock 03 January 2025 • 1 min read
US equity funds deliver top performance in 2024 while Latin America and energy suffer

US equity funds deliver top performance in 2024 while Latin America and energy suffer

Alger Focus Equity top fund performer

Sorin Dojan
clock 02 January 2025 • 3 min read
Hargreaves adds Artemis UK Smaller Companies to Wealth Shortlist

Hargreaves adds Artemis UK Smaller Companies to Wealth Shortlist

Co-managers also praised

Sorin Dojan
clock 18 December 2024 • 1 min read
Trustpilot