Schafer Cullen Capital Management and Water Asset Management have launched the Schafer Cullen Water Asset Management Impact Strategy.
The strategy invests in companies whose businesses directly help solve water quality and scarcity challenges, while making a measurable and positive impact on water sustainability globally. The portfolio is managed by Matthew Diserio, President and Co-founder of Water Asset Management.
“The water industry is one which delivers an essential resource that has no real replacement competition. When you need water, water is the only thing that will do”, says Mr. Diserio. “The strategy’s investments in water utilities, water infrastructure providers, water treatment technologies, water resources, and water test control and measurement companies provide an opportunity for long-term capital appreciation and dividend growth as many of these companies have positive pricing power which is both durable and inflation protected.”