Federated Hermes has launched a Biodiversity Equity fund in affiliation with the Natural History Museum.
The new fund will be managed by Federated Hermes' head of impact and sustainable investing Ingrid Kukuljan, who will invest in a concentrated portfolio of companies helping to "preserve and restore" biodiversity. The asset manager has identified six "themes" for the fund, perceived as being threats to biodiversity, including land pollution, marine pollution and exploitation, unsustainable living, climate change, unsustainable farming, and deforestation. Tiny 7% of sample 31,000 equity funds have more than 10% 'green revenue' Kukuljan and her team will use the data that goes into th...
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