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Polar Capital launches a duo of smart funds

News Team, 18/10/2021

Following last week’s trading update where Polar Capital highlighted new funds launched by sustainable fund expert Thiemo Lang, today the firm announced two new products managed by Mr Lang.

The new funds, the Polar Capital Smart Energy Fund and the Polar Capital Smart Mobility Fund, are also supported by Mr Lang’s sustainable thematic equity team of Thomas Guennegues, Guenther Hollfelder and Junwei Hafner-Cai.

Prior to joining Polar, Mr Lang managed a sustainable energy strategy for 14 years. He and his team, with over 70 years of combined industry experience, have built a record of running more than €5 billion in sustainable energy and mobility strategies.

The Polar Capital Smart Energy Fund is a globally diversified portfolio investing in the solution providers benefitting from the energy transition. The Fund is founded on the core belief that the transformation of the global energy sector towards clean, electric and efficient solutions has reached an inflection point, driven by regulatory initiatives to reduce carbon emissions, and superior economics. The Fund seeks diversified exposure to several multi-decade growth themes, investing in the technology leaders as we move towards a decarbonised energy future.

The Polar Capital Smart Mobility Fund invests in a portfolio of companies worldwide that support the decarbonisation and transformation of the global transportation sector. This includes innovative technologies, products and services that enable the electrification and automation of the entire transport sector, leading to the proliferation of sharing models, improved safety and convenience, reduced pollution, and decongested cities.

For both products, sustainability factors will be fully integrated at each step of the investment process, from identifying the initial proprietary universe through to portfolio construction, monitoring and engagement, taking the latest thematic developments into account. The objective is to generate superior returns by investing in attractively valued companies compared to their long-term earnings potential while minimising the risks linked to unsustainable business practices.

Mr Lang said: “Investments in solution providers addressing environmental challenges have clearly gained momentum. Over the next decades we will witness a strong decarbonisation of the global energy sector, driven by clean power generation, affordable storage solutions and the deployment of the newest technologies driving down energy consumption. The electrification of the whole transportation sector is at the very heart of these transformational changes. These are truly exciting times for us all, investing in the technology leaders that shape the sustainable energy world of tomorrow.”

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