Brown’s launches sustainable mutual fund

Brown Advisory has announced the launch of the Brown Advisory Sustainable International Leaders Mutual Fund.

The strategy will invest in a portfolio of international companies that Brown Advisory considers leaders in their sector or country and have good ESG risk management practices. It will look to outperform the FTSE All-World ex-US Index, investing in approximately 25 to 35 companies in developed and emerging equity markets with a market capitalization above $2 billion. The fund will be managed by Priyanka Agnihotri, who is based in Brown’s London office.

Agnihotri says: “I am honored and excited to be leading this Fund and bringing the rigorous investment philosophy and process developed over eight years to a distinct international equity portfolio. Like all our strategies, I will manage the Fund through a long-term lens and provide exposure to high-quality, sustainable businesses outside of the US. I view a company’s ESG risk management and sustainability profile as a material component of its ability to compound returns, while generating environmental and social impact.”