Schroders has onshored its Global Sustainable Food and Water Fund.
Initially launched in October 2021, the move aims to increase the accessibility of the fund to UK investors.
It is managed by Mark Lacey, Felix Odey and Alex Monk. The fund aims to provide capital growth by investing globally in companies which help the transition towards the sustainable provision of food and water.
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As a thematic value proposition, the fund targets emerging technologies and strategic industries ‘integral to the changing of food and water systems’.
A combination of bottom-up and top-down factors are considered as part of a ‘high-conviction unconstrained approach’ that invests in 35-60 stocks.
All companies selected must be aligned with solving at least one of five key sustainability areas: climate change and greenhouse gas emissions, biodiversity, pollution and waste, water management and health and nutrition.
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Mark Lacey, head of global resource equities and portfolio manager of the SUTL Sustainable Food and Water Fund, commented: “Our current food and water system is unsustainable and will need to undergo a significant transformation to cope with the increasing pressures of a growing population while simultaneously meeting climate and biodiversity needs.
“The growth opportunity within this space remains largely underappreciated and current investment rates are predicted to increase substantially across the different value chains by 2050.”
