Connect with us

Private Equity

Alternative Investments/ESG: Brunel Allots £1.2B ($1.55B) Sustainable Mandate To Three Managers

The Brunel Pension Partnership has picked Ownership Capital, RBC Global Asset Management, and Nordea Asset Management to manage its new Sustainable Equities Fund of around £1.2 billion ($1.55 billion). Brunel is one of eight pooled Local Government Pension Scheme funds in the U.K.

Avatar

Published

on

Alternative Investments/ESG: Brunel Allots £1.2B ($1.55B) Sustainable Mandate To Three Managers

https://platodata.net/wp-content/uploads/2020/10/alternative-investments-esg-brunel-allots-1-2b-1-55b-sustainable-mandate-to-three-managers.jpg

The Brunel Pension Partnership Limited (Brunel) launched a new Sustainable Equities Fund for local authorities’ pension funds.

The Brunel Pension Partnership has picked Ownership Capital, RBC Global Asset Management, and Nordea Asset Management to manage its new Sustainable Equities Fund of around £1.2 billion ($1.55 billion).

Brunel is one of eight pool Local Government Pension Scheme funds in the U.K.

The sub-fund mandate is on behalf of 10 local government pension scheme funds. They wanted a listed equity portfolio with a pronounced skew in favor of ESG considerations. The emphasis would be on companies with positive ESG performance rather than negative exclusions. (Institutional Asset Manager)

Multi-manager sustainable fund

Brunel shortlisted the three managers from 70 expressions of interest.

“The three managers we appointed share a broad investing style and a prioritization of sustainability, yet their approaches are also different enough to provide clients with the diversification they were looking for,” said David Cox, Head of Listed Markets at Brunel.

“We were delighted to find managers who share our understanding of sustainability, embedding it deep into their culture and investment processes,” says David Jenkins, Portfolio Manager for the Sustainable Equities Fund. “This portfolio, therefore, meets our aspiration to go beyond traditional Responsible Investing and ensure that the managers are engaged with the companies and are investing in them for positive reasons, not simply focusing on negative exclusions.”

Investment thesis

The portfolio is significantly underweight to the GICS energy sector. It also features an aggregate carbon intensity that is significantly lower than its benchmark, the MSCI All Country World Index.

The selected managers will integrate ESG considerations into their whole investing process. Their focus will not be to manage ESG risks – rather to positively seek out exposure to companies on a sustainable path.

In the process, they would also generate a suitable financial return.

Related Story:  Insurers Take a Fancy To ESG & Sustainability ETFs (Invesco)

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

Shape

Latest Alternative Investment News

Source: https://dailyalts.com/brunel-allots-1-2b-1-55b-sustainable-mandate-to-three-managers/

Private Equity

DPI backs CMGP’s acquisition of Moroccan agri-supply firm

To read this article, you must be a paid subscription member. (Current members login here) […]

The post DPI backs CMGP’s acquisition of Moroccan agri-supply firm first appeared on https://www.africacapitaldigest.com.

Avatar

Published

on



To read this article, you must be a paid subscription member. (Current members login here)

Reserve your digital subscription today

Join now for $35 per month

Join now for $395 per year

for access to:

  • Weekly newsletter with original and curated news, analysis and perspective
  • Africa’s private capital deals, fund raises and the investment firms and executives involved
  • Portfolio company news that impacts value and stakeholder participation
  • Job moves and partnerships between leading market participants
  • Exclusive access to Africa Capital Digest’s full content archive

If you’d like more information on exceptional value group subscriptions for your colleagues and teams, please contact Teresa Hall at thall[at]africacapitaldigest.com today.

Source: https://www.africacapitaldigest.com/dpi-backs-cmgps-acquisition-of-moroccan-agri-supply-firm/

Continue Reading

Private Equity

A.P. Moller Capital’s MCM deal sets up new investment platform

To read this article, you must be a paid subscription member. (Current members login here) […]

The post A.P. Moller Capital’s MCM deal sets up new investment platform first appeared on https://www.africacapitaldigest.com.

Avatar

Published

on



To read this article, you must be a paid subscription member. (Current members login here)

Reserve your digital subscription today

Join now for $35 per month

Join now for $395 per year

for access to:

  • Weekly newsletter with original and curated news, analysis and perspective
  • Africa’s private capital deals, fund raises and the investment firms and executives involved
  • Portfolio company news that impacts value and stakeholder participation
  • Job moves and partnerships between leading market participants
  • Exclusive access to Africa Capital Digest’s full content archive

If you’d like more information on exceptional value group subscriptions for your colleagues and teams, please contact Teresa Hall at thall[at]africacapitaldigest.com today.

Source: https://www.africacapitaldigest.com/a-p-moller-capitals-mcm-deal-sets-up-new-investment-platform/

Continue Reading

Private Equity

Atlas Mara sells Rwandan and Tanzanian assets in cash deal

To read this article, you must be a paid subscription member. (Current members login here) […]

The post Atlas Mara sells Rwandan and Tanzanian assets in cash deal first appeared on https://www.africacapitaldigest.com.

Avatar

Published

on



To read this article, you must be a paid subscription member. (Current members login here)

Reserve your digital subscription today

Join now for $35 per month

Join now for $395 per year

for access to:

  • Weekly newsletter with original and curated news, analysis and perspective
  • Africa’s private capital deals, fund raises and the investment firms and executives involved
  • Portfolio company news that impacts value and stakeholder participation
  • Job moves and partnerships between leading market participants
  • Exclusive access to Africa Capital Digest’s full content archive

If you’d like more information on exceptional value group subscriptions for your colleagues and teams, please contact Teresa Hall at thall[at]africacapitaldigest.com today.

Source: https://www.africacapitaldigest.com/atlas-mara-sells-rwandan-and-tanzanian-assets-in-cash-deal/

Continue Reading
Blockchain57 mins ago

Blockchain57 mins ago

Blockchain57 mins ago

Blockchain57 mins ago

Blockchain57 mins ago

Blockchain57 mins ago

Blockchain57 mins ago

Blockchain57 mins ago

Blockchain57 mins ago

Blockchain57 mins ago

Saas1 hour ago

Saas1 hour ago

Saas1 hour ago

Saas1 hour ago

Saas1 hour ago

Saas1 hour ago

Saas1 hour ago

Saas1 hour ago

Saas1 hour ago

Saas1 hour ago

Private Equity1 hour ago

DPI backs CMGP’s acquisition of Moroccan agri-supply firm

Private Equity1 hour ago

A.P. Moller Capital’s MCM deal sets up new investment platform

Private Equity1 hour ago

Atlas Mara sells Rwandan and Tanzanian assets in cash deal

Private Equity1 hour ago

DOB Equity invests convertible note in aquaculture firm

Private Equity1 hour ago

AfricInvest buys Fidelity Bank stake from Kagiso Tiso

Press Releases2 hours ago

Behaviorsoft Announces Strategic Partnership With Tellus

Press Releases2 hours ago

Risen Energy поставляет фотоэлектрические модули общей мощностью 5,2 МВт для солнечного энергоцентра Vayots Arev-1 в Армении

Press Releases2 hours ago

Risen Energy dostarcza moduły fotowoltaiczne o mocy 5,2 MWDC do farmy słonecznej Vayots Arev-1 w Armenii

Press Releases2 hours ago

Risen Energy fournit des modules photovoltaïques de 5,2 MWDC à la centrale d’énergie solaire AREV-1 de Vayots en Arménie

Press Releases2 hours ago

Steigende Energie liefert 5,2 MWDC-PV-Module für Solarpark Vayots Arev-1 in Armenien

Press Releases2 hours ago

Risen Energy Provided 5.2MWDC PV Modules to Vayots Arev-1 Solar Farm in Armenia

Venture Capital2 hours ago

Mortgage broker platform Effi announces two new product updates

Startup3 hours ago

Johns Hopkins Study That Showed COVID-19 Has ‘Relatively No Effect on Deaths’ in the U.S., Mysteriously Disappeared 4 Days After Publication

Press Releases3 hours ago

SandStar, a Leading Company Focused on AI Retail, Wins One of the TechNode Global ORIGIN Innovation Awards

Venture Capital3 hours ago

CDR poses risk and opportunities for brokers

Venture Capital4 hours ago

ASX-listed fintech Flexigroup rebrands to Humm

Blockchain4 hours ago

Blockchain4 hours ago

Blockchain4 hours ago

Blockchain4 hours ago

Trending