Stonehage Fleming Investment Management (“SFIM”) the investment division of one of the world’s leading international Family Offices, announces the launch of its Global Sustainable Equity Fund (“GSEF” or “the Fund”) having successfully launched its Global Sustainable Investment Portfolios (“GSIP”) in 2019.
The Fund will replicate the equity component of GSIP, which has returned 39.42% for the 19 months ending 30th April 2021 versus the global equity benchmark, MSCI ACWI at +23.04% (GBP).
Since launch, the Fund has already attracted over $106 million in assets from private and professional investors demonstrating clear demand for global sustainable equity strategies.
Mona Shah, Director at Stonehage Fleming Investment Management, says: “We strongly believe that today’s portfolio returns should not be at the expense of future generations. The outlook for ESG strategies today is more interesting than at the start of 2020 and we have seen increased appetite for this approach as clients actively seek to demonstrate their social capital in their investment philosophy and measure their positive contribution. By launching the Global Sustainable Equity Fund, we are going some way to meet their demands.”
Graham Wainer, Chief Executive Officer and Head of Investments at Stonehage Fleming Investment Management, adds: “We made the decision that this, our first standalone sustainable investment fund, should be focused solely on equity investments as we see them as the key drivers of return. Our equity investments can tackle a breadth of issues, including building back from Covid-19 and helping to address the majority of the UN’s Sustainable Development Goals. We can also measure and report the impact that our clients’ investments make towards creating a sustainable planet and society.”
Guy Hudson, Partner and Head of Group Marketing at Stonehage Fleming, said: “Our published proprietary research, ‘The Four Pillars of Capital: A time for reflection’ (2020) found that ultra-high net worth families and wealth creators have remained committed to ESG investment, despite the impact of COVID-19. 83% of respondents that applied ESG principles to their investments had not wavered from this, even as the pandemic caused turbulence in markets in the first half of 2020.”
Shah concludes: “Government spending towards the green economy has never been so strong, and the run up to COP26 in November could create a platform for further policy support. Our Global Sustainable Equity Fund is well placed to capture this momentum as well as investment into other social issues, including education and gender equality.”
The Global Sustainable Equity Fund is now available. Further details can be found here: www.stonehagefleming.com/investments/esg
ENDS
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NOTES TO EDITORS
Stonehage Fleming is one of the world’s leading independently owned family offices and the largest in Europe, Middle East and Africa (EMEA), as measured by its breadth of services, geographic reach and by assets under management, advice and administration.
Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to the world’s leading families and wealth creators. The Group advises on over GBP45bn (USD55bn) of assets and includes an investment business with more than GBP14.4bn (USD19.9bn) under management for families and charities. Stonehage Fleming is c.50% owned by management and staff. The Group employs over 600 people in 11 offices in eight geographies around the world.
Statistics as at end of March 2021
This is a financial promotion issued by Stonehage Fleming Investment Management Limited (SFIM) which is authorised and regulated by the Financial Conduct Authority (194382) and by the Financial Sector Conduct Authority (South Africa) as a Financial Services Provider (FSP No: 46194). The Fund is an approved Foreign Collective Investment Scheme in South Africa and the Management Company, Stonehage Fleming Partners Pooled Investments (Ireland) plc, is registered under the Collective Investment Schemes Control Act, 2002
Approved for distribution in Jersey by affiliates of Stonehage Fleming Investment Management that are regulated for investment business by the JFSC.
All investments risk the loss of capital.
Past performance is not a guide to future performance.
The Fund intends to invest predominantly in a range of underlying collective investment schemes. Please refer to the prospectus for details of the investment policy.
GSEF has been approved for launch in a limited number of jurisdictions. Before investing you should ensure that the rules in your jurisdiction allow you to buy shares in the Fund.