Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

5530

Skandia re-launches ethical fund to focus on environmental sector

RELATED TOPICS​

Skandia Investment Group has re-launched the Skandia Ethical Fund to enable investors to participate in the anticipated growth of the environmental sector.

Skandia has awarded a mandate worth GBP74m to Impax Asset Management, the specialist environmental investment manager.

The new focus aims to capture the enthusiasm of investors who believe in the principles of ethical investment, but who also see the benefits of investing in companies tackling the environmental challenges of the 21st century.

In the context of the Skandia Ethical Fund, the environmental sector covers alternative energy and energy efficiency, water treatment, pollution control and waste management.

Impax has been investing in the environmental sector since 1998.

Ian Aylward, SIG’s head of alternative asset research, says: “With concerns over the environment growing significantly in recent years, refocusing our Ethical Fund to enable investors to help meet those challenges seems to us to be a wholly appropriate way forward. Effectively re-launching our ethical fund in this way meant we had to identify the best manager to fulfil the role. Having gone through that process we have decided to award the mandate to Impax.”

Ian Simm, chief executive of Impax, adds: “Impax’s dedication to providing investors with compelling investment strategies and delivering strong returns means we are one of the leading investment managers in the environmental markets sector. We are delighted that SIG has recognised this and look forward to providing investors in the Skandia Ethical Fund with exposure to a wide range of environmental investments.”

Latest News

Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according..
Octopus Investments (Octopus) has announced it has launched a Natural Capital Strategy...
Research firm focused on Alternative UCITS funds, Kepler Absolute Hedge, has published its Market Intelligence..

Related Articles

Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by