New fund to target companies focused on solving societal and environmental challenges
Schroders has launched a global equity impact fund to address growing client demand for public equity-focused impact strategies.
Schroder International Selection Fund (Schroder ISF) Global Equity Impact, which is classified as Article 9, targets companies focused on solving societal and environmental challenges.
The Luxembourg-domiciled strategy will draw on the United Nations' Sustainable Development Goals to invest in companies addressing themes such as health and wellness, financial inclusion, sustainable infrastructure, and responsible consumption and production.
Schroder ISF Global Equity Impact uses the firm's impact investment framework, which was built in collaboration with impact investment platform BlueOrchard, part of Schroders Group.
The firm's US small and mid-cap team and European equity specialist team have partnered on the fund, and it will be jointly managed by Joanna Wald and Paul Griffin.
Wald and Griffin said: "We identify companies whose technology, scientific expertise or market leadership bring prowess and innovation to address the UN SDGs. These companies operate at scale and in ways that are foundational to impact outcomes yet often underappreciated.
"We are active, long-term owners who can demonstrate significant contribution through continuous engagement.
"We measure impact over time and actively engage to enhance that impact. We believe these companies have the potential to offer strong returns to investors in line with their business activities. There is no compromise needed on performance."
This article first appeared at Investment Week.
