Fund Management

What's New In Investments, Funds? - Guernsey, Newton IM

Editorial Staff 27 April 2018

What's New In Investments, Funds? - Guernsey, Newton IM

The latest in funds and investments across the UK, Europe, Middle East and Africa.

Guernsey
Guernsey is set to a launch regulated green investment fund product, a world first according to the island’s financial services regulator.

The Guernsey Financial Services Commission has published a set of draft green fund rules for consultation. They will enable fund managers to apply for a green label for their funds if they can demonstrate compliance with defined green rules.

It will be open to all types of new and existing funds including; authorised, registered, Guernsey Private Investment Funds, open-ended and closed-ended.

The Guernsey green investment fund will be set up to assure investors that their investments are being used for environmental purposes which are established and monitored against a reliable set of standards.

The regulator said at the beginning of the year that it was looking to focus on green investment as one of the five strands within its new financial services development strategy.

Newton Investment Management
London-based Newton Investment Management has launched a new fund, the Newton Sustainable Real Return Fund for UK institutional and retail investors.

Newton IM is the investment manager for the fund, which is a sub-fund of the BNY Mellon investment funds range. The fund follows the launch of Newton Sustainable Global Equity Fund for UK investors in January 2018.

The Newton Sustainable Real Return Fund is co-managed by Phil Shucksmith and Matthew Brown.

The fund is a targeted absolute return fund investing in a portfolio of global securities. It will invest in companies that have attractive investment attributes and sustainable business practices, and that have no unresolvable environmental, social and governance issues.

 

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