First Sentier Launches Infrastructure Fund Investing in Companies Contributing to UN SDGs
Asset manager First Sentier Investors announced today the launch of the First Sentier Responsible Listed Infrastructure Fund into its UK-domiciled fund range, designed to invest in a diversified portfolio of global listed infrastructure stocks that are actively contributing to sustainable development within a framework of good corporate governance.
According to the firm, the new fund will invest in companies that can contribute towards or benefit from the UN Sustainable Development Goals (SDGs), such as those delivering affordable clean energy to the communities they serve, in sectors such as utilities, toll roads, passenger and freight rail, airports, mobile towers and data centres.
The new strategy will be managed by Portfolio Manager Rebecca Myatt. Myatt said:
“It is our view that infrastructure companies are leading a global shift to cleaner energy, next-generation transport networks and increasing mobile connectivity. Infrastructure assets are large scale, long life, tangible assets that have significant environmental footprints and social licenses to operate. As active investors we aim to use our influence to push for meaningful change to improve our environment, enhance global communities as well as a company’s ability to generate sustainable long-term economic returns.”
The firm initially launched the First Sentier Responsible Listed Infrastructure Fund into the firm’s Dublin-domiciled range in December 2017.
Graham Fox, Head of Distribution, UK and Europe at First Sentier Investors, said:
“Three years on from the launch of our original Responsible Listed Infrastructure Fund into our Dublin range, we are still seeing increasing demand from our clients who need long-term investment solutions that match their growing set of responsible investment criteria. We are pleased to be able to offer UK investors the stability and predictable nature of infrastructure assets through this new fund, with the knowledge that the underlying portfolio of stocks are contributing to global sustainable development.”