To coincide with the group’s 20-year anniversary, the Luxembourg-domiciled East Capital Sustainable Emerging Markets Ucits fund will launch on June 30 and will be managed by Peter Elam Håkansson, chairman and CIO of East Capital.
Backed by portfolio managers Adrian Pop and Francois Perrin in Hong Kong, and head of corporate governance and sustainability Louise Hedberg, the fund will bring together the firms best stock picking ideas from around the world, in companies characterised by high growth potential and strong ESG profiles.
The group says this will lead the portfolio to have a clear overweight in times relating domestic growth and the emerging consumer, while it adds that the strategy will also seek investments in renewable energy and other fast-growing clean technologies.
“We believe today more than ever that companies embracing sustainable practices will enjoy competitive advantages,” said Elam Håkansson.
“We think the most interesting investment ideas are outside of extractive industries – and we applied this principle as far back as two decades ago in Russia.”
