Focused on the UN’s 17 Sustainable Development Goals, the UCITS fund will hold 30 to 40 global equity stocks in sectors such as healthcare, renewable energy and fintech, and aims to outperform the MSCI All Country World Total Return index by 2 to 3 per cent per annually (net of fees) over three years, the group said.

It will be managed day to day by Nomura’s lead portfolio manager Alex Rowe in London, with head of equity investment at NAM UK Tom Wildgoose providing stock selection and risk oversight.

“We are seeing considerable demand across clients for truly active, sustainable investment solutions" and believe "it offers something truly differentiated in this fast growing sector,” Rowe said. The group signed up to the UNPRI in 2011 and last year formalised ESG principles across its performance investment objectives.