Schroders has launched an Article 9 global equity impact fund, aimed at companies working to solve societal and environmental challenges.
The Luxembourg-domiciled fund, Schroder International Selection fund Global Equity Impact, will use the work of impact investment partner BlueOrchard. Working across the small- and mid-cap teams at Schroders, the fund will be jointly managed by fund managers Joanna Wald and Paul Griffin.
Wald has been part of the Schroders team for over 10 years, while Griffin has been with the company since 2004.
See also: Schroders launches energy transition infrastructure LTAF
“The UN SDGs outline urgent social and environmental problems that must be addressed in order to ensure a sustainable and prosperous future for all. Due to the sheer magnitude of these challenges, we believe the necessary solutions cannot be achieved solely by governments and NGOs,” Wald and Griffin said.
“The competitive dynamics and scrutiny of public markets rewards companies that can most efficiently generate solutions. Companies’ leadership in execution, agility and innovation creates solutions with the speed and scale necessary to address the UN SDGs.
The fund, which is part of Schroders’ impact-driven public equity range, will invest across all sectors. Other funds in the impact range include the Schroder ISF Emerging Markets Equity Impact, Schroder ISF US Smaller Companies Impact, Schroder ISF Asian Equity Impact and Schroder ISF European Innovators funds.
On 7 February, Schroders Greencoat announced the launch of the The Schroders Greencoat Global Renewables+ LTAF, preceded by the Schroders Capital Semi-Liquid Energy Transition fund on 18 January.
“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,” Wald and Griffin said.
“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.”