Schroders has launched UK-based versions of the Schroder Global Sustainable Growth Fund (GSG) and the Schroder Global Energy Transition Fund (GET), bolstering its range of domestic strategies focused on sustainability.
GSG seeks to provide capital growth by investing globally in the shares of sustainably-run companies. This includes businesses that are managed for the long term and factors in the interests of all stakeholders, including wider society.
GET aims to identify growing opportunities across the clean energy-focused investment universe, spanning renewable power production, energy equipment, transmission, distribution, energy storage, smart grid technologies and electric vehicles.
The announced strategies follow the unveiling of the Schroder BSC Social Impact Trust in December last year.
Schroders believes the launch reaffirms its commitment to providing a sustainable fund range to meet the evolving needs of UK investors.
The GSG and GET strategies both have extensive track records with Luxembourg-based equivalents, launched in 2010 and 2019 respectively. GET was as initially revealed as a Luxembourg vehicle in 2019 as part of Schroders’ Global Transformation Range.
GSG has delivered robust cumulative net ten-year performance of 186 percent while GET has a cumulative net performance of 114 percent since inception. Last year, they produced returns of 27.5 percent and 91.9 percent.
Doug Abbott, head of UK Intermediary, Schroders said: “The UK launches of GSG and GET provide an exciting opportunity for UK investors to access two high-conviction global portfolios which harness active engagement to improve outcomes for shareholders, but also for the society and environment. Although 2020 was a challenging year for economies, investment strategies focused on sustainable companies and renewables performed well. It is clear that UK investors’ attitudes towards allocating to sustainable investments are changing and we are very pleased to continue to grow our range of offerings to UK investors.”
Katherine Davidson, portfolio manager of GSG, added: “The Covid-19 pandemic has shone a spotlight on how and why companies achieve success, and the emergence of a new social contract between companies and society. How companies treat their staff, manage their supply chains and keep their customers safe is also of growing interest to investors. As a result, investors are increasingly assessing company performance based not only on their financials, but also the impact that businesses have on their stakeholders.”
