Neuberger Berman is launching two sustainable equity UCITS funds.
The Neuberger Berman Global Sustainable Equity and European Sustainable Equity funds will typically hold 30-60 stocks and invest in companies that have undergone a forward-looking assessment of material ESG factors such as environment, innovation, remuneration, governance, and sustainability. The funds will be managed by Hendrik-Jan Boer, Alex Zuiderwijk and Jeroen Brand.
Hendrik-Jan Boer, lead portfolio manager, says: “Rapid societal and technological change is driving corporate evolution and creating value chain disruption. We are seeing increasing growth in what we call ‘conscious consumers’, who are holding corporations and governments to account through consumption behaviour, elections and activism. This coupled with active regulators implementing new directives across borders to address ESG issues is driving a new wave of high-quality opportunities for sustainable investors.”