Neuberger Berman has launched a new Article 8 climate innovation fund.

The Neuberger Berman Climate Innovation Fund is benchmarked against the MSCI All-Country World Index and invests in enablers and beneficiaries of climate innovation and technologies with a portfolio comprising 30–60 global equity holdings. The fund is managed by New York-based portfolio managers, Evelyn Chow and Charlie Lim.

Sarah Peasey, head of Europe ESG Investing at Neuberger Berman, states: “Our clients are increasingly cognisant of the risks and opportunities that exist around climate change and the broader energy transition, whilst also recognizing that this can affect all asset classes, across public and private companies in their portfolios. As technology and policy converge to support climate innovation, we believe this theme offers compelling opportunities for investors by directing capital to companies developing the most effective technologies whilst also allowing them to participate in a more sustainable society.”

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