Guinness Global Investors launches Global Environment fund

Guinness Global Investors has launched the Guinness Global Environment fund, co-managed by Jordan Patel and Jamie Melrose.

The strategy invests in companies that benefit from rising demand for five environmental resources: food, water, climate, waste and land.

It has a broadly equally weighted portfolio of 30 positions.

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Patel said: “Environment is an attractive growth theme, with many mature, high quality businesses helping address rising demand for environmental resources. This is a well-established phenomenon and has led to outsized growth for companies providing ecological solutions over the past decade.”

“It is a great time to launch our Global Environment fund,” Edward Guinness, CEO of Guinness Global Investors, added.

“Valuations are low, and we have applied what we have learnt from the cycles in the environment sector to build a robust strategy that can identify companies benefitting from the long-term trend towards more efficient use of resources.

“Despite wavering government support for environmental initiatives in the short term, this is a long-term investible theme for the next 20 years and beyond.”

This article first appeared on Portfolio Adviser