Schroders launches two new funds for Global Transformation range

Current system "not sustainable"

Schroders has unveiled two funds targeting ‘climate leaders’ and companies driving positive change in water and food.

The funds join the firm's Global Transformation range which was designed to give investors long-term exposure to the "most powerful and persistent" themes shaping the world's future. In a webinar on Tuesday (14 December), portfolio manager Felix Odey highlighted that current systems related to food and water, for example, are unsustainable. "The system is not fit for purpose; it is not sustainable," he said. "We will need to address every part of the value chain." ESG: Water scarcity a 'high risk for large parts of the economy' Much of the transition will be data driven, enablin...