Danish fund Foruepleje, a large non captive asset manager in Denmark, has selected UK-listed Impax Asset Management to manage its Better World Global Opportunities fund. The fund has over DKK 800 million in assets and recently listed on the Danish exchange.

The fun incorporates ESG considerations, therefore Impax’s knowledge in this field made it a natural choice. The firm has over twenty years experience of investing in opportunities arising from the transition to a more sustainable economy. Its objective is to deliver capital growth by identifying companies set to benefit from the transition to a more sustainable global economy for the next decade and beyond.

Ian Simm, CEO of Impax said: “As the transition to a more sustainable global economy accelerates, asset owners are increasingly interested in gaining investment exposure to the best placed companies. Impax stands out as having more than 20 years’ experience identifying these opportunities. Being selected to run the Better World Global Opportunities Strategy is testament not only to Impax’s unique approach and the team’s track record but also to the success of our long-term relationship with Formuepleje.”

Henrik Franck, Managing Director and Partner at Formuepleje said: “We are pleased to announce that we have appointed Impax to run our Better World Global Opportunities strategy. In our view, Impax are the leading specialist manager investing in the transition to a more sustainable economy. Our Better World Global Opportunities strategy is a solution for private clients who not only desire for their investment to achieve above market returns, they are also passionate about it delivering a positive social and environmental impact. For too long, encouraging private investors to take climate change seriously has been a losing battle, hindered by the misconception that investing in projects that deliver a positive environmental impact means a compromise on returns. However, there is a growing recognition that private investments can play a pivotal part in finding climate change solutions as well as deliver healthy returns.”