Liontrust plans launch of ESG investment trust

Liontrust Asset Management says that it intends to launch the Liontrust ESG Trust (ESGT) PLC.

Liontrust says the fund will invest in a diversified portfolio of 25 to 35 sustainable companies that it believes will capitalise on trends in the sustainable global economy, provide sustainable products and services and have a progressive approach to the management of ESG issues.

The portfolio of ESGT will be managed by Peter Michaelis, Simon Clements and Chris Foster, who are part of the firm’s Sustainable Investment team.