One recurring question about impact investment is whether it is too limited in scope, with some arguing it cannot sufficiently move the dial on areas such as climate change or social justice because it does not tackle the biggest contributors to those problems.
For its part, the Pictet Positive Change Fund, which launched last June, takes a different approach – focusing on those large-cap companies that are making significant improvements, in addition to impact leaders, with the aim of delivering the biggest impact possible.
In this way, manager Evgenia Molotova hopes to capture, not just companies that are already delivering a high impact but those likely to deliver a growing impact in the future.
The group will work with companies to help them make the necessary improvements and the fund focuses on large-cap companies across the globe that also fit a series of sound financial criteria – such as stable cashflow, low debt and a strong balance sheet.
Read the full interview in Portfolio Adviser’s May 2023 magazine.
