Mon, 03, 21
Marcus Björksten manages one of Europe’s best-performing sustainable funds. His Fondita Sustainable Europe product returned an impressive 41.6 per cent last year, while its benchmark lost around 3 per cent.
Marcus Björksten manages one of Europe’s best-performing sustainable funds. His Fondita Sustainable Europe product returned an impressive 41.6 per cent last year, while its benchmark lost around 3 per cent.
It was a standout performance during a stellar year for sustainable investing, where environmental, social and governance issues are taken into consideration. ESG investing set record after record, with investors piling unprecedented levels of cash into sustainable funds, asset managers rushing to launch new products and research suggesting such investments outperformed mainstream rivals. ESG has become one of the most important shifts in the investment industry in a generation.
In today’s Budget Chancellor Rishi Sunak announced the UK government would look to create more flexibility for pension schemes to invest in illiquid assets.
“We’re taking steps to give the pensions industry more flexibility to unlock billions of pounds from pension funds into innovative new ventures launching a new Future Fund Breakthrough, to help fill the scale-up funding gap and changing the rules to encourage more companies to list here,” he told Parliament.
The £375m UK-wide Future Fund will invest in highly innovative companies such as those working in life sciences, quantum computing, or clean tech, that are aiming to raise at least £20m of funding, according to the government’s website.
Green growth or greenwashing? Business leaders react to Rishi Sunak s 2021 Budget edie.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from edie.net Daily Mail and Mail on Sunday newspapers.
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Date: 27 May 2021
A false dawn or green revolution? Picking apart the UK Government s ten-point plan professionaladviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from professionaladviser.com Daily Mail and Mail on Sunday newspapers.