Guinness Global Investors has launched the Guinness Global Environment fund.

The fund invests in companies that benefit from rising demand for five environmental resources: food, water, climate, waste, and land. It has a portfolio of 30 positions each broadly equally weighted. It is so-managed by Jordan Patel and Jamie Melrose.

Jordan Patel said, “We are thrilled to bring a new, environmentally focused strategy to the Guinness fund range. Environment is an attractive growth theme, with many mature, high quality businesses helping address rising demand for environmental resources. This is a well-established phenomenon and has led to outsized growth for companies providing ecological solutions over the past decade.”

Jamie Melrose added, “We feel well placed to invest in the environment theme, leveraging our combined 23 years of experience covering sustainable industrials and the energy transition. We plan to focus on mature companies offering above-average returns on capital, repeatable business models, and long-term thematic growth.”

Edward Guinness, CEO of Guinness Global Investors, said, “The Guinness Global Environment Fund provides clients with access to an undervalued thematic asset class that has a strong case for long-term growth. We are excited to have Jordan and Jamie leading this new fund, both of whom have significant experience in the space and will utilise our inhouse emphasis on bottom-up analysis to find quality companies with sustainable free cash flows. We believe that it is a great time to launch our Global Environment Fund. Valuations are low, and we have applied what we have learnt from the cycles in the environment sector to build a robust strategy that can identify companies benefiting from the long-term trend towards more efficient use of resources. Despite wavering government support for environmental initiatives in the short term, this is a long-term investible theme for the next twenty years and beyond.”

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