S.P. Hinduja Banque Privée Launches ESG and Climate Funds
Switzerland-based private banking and investment services firm S.P. Hinduja Banque Privée (SPH) announced today the launch of a new suite of sustainability-themed investment product, including an ESG and a climate fund, as well as an ESG-aligned model portfolio for clients.
The SPH Global ESG Fund will invest in a concentrated portfolio of high-quality companies in developed markets with stable income generation potential, and strong ESG risk management in place. SPH will manage the fund utilizing a combination of rigorous ESG analysis using multiple ESG data sources, quality assessment, and fundamental research.
The SPH Climate Change Fund will use a combined top-down and bottom-up stock selection approach, intended to simultaneously protect against the significant downside risks of climate change, while capturing the upside of investing in companies that are creating innovations and solutions at the intersection of climate resilience and shared economic prosperity. Investing in both developed and emerging markets, the fund will focus on several key sectors, including alternative energy, energy efficiency, green real estate, sustainable water, and pollution prevention.
SPH CEO Karam Hinduja said:
“Since its foundation S.P. Hinduja Banque Privée has understood that there is a correlation between the long-term financial sustainability of companies, and the ESG standards they practice. This correlation is strongest today with our generation’s heightened awareness of cause-and-effect and the deep interconnectedness of our world. Therefore, we have introduced two funds that value the ESG practises of companies together with their financial performance to provide our clients with exposure to companies with sustainable performance.
“Our two new funds are designed to combine the highest standards in ESG assurance with market-beating returns that match our clients’ ambitions. These are the services that make me proud to lead the Bank that bears my grandfather’s name, fulfilling his vision for a better, more sustainable world.”
SPH stated that the new funds and the ESG-aligned model portfolio will be available to clients at the end of August.