Buying for good
Chris Ralph, CIO, interviews Impax Asset Management about investing for the transition to a sustainable economy.
Last weekend, climate change demonstrators shut down five major bridges in London in a mass act of civil disobedience.
Yet shifts within the world of investing, while less likely to grab headlines, may prove far more significant. St. James's Place recently appointed Impax Asset Management to run the Sustainable & Responsible Equity fund. It seeks to achieve capital growth over the long term by investing in companies it believes will benefit from the transition to a more sustainable global economy.
Rather than merely screening out companies that operate in contentious industries, Impax takes a more positive approach, considering environmental, social and governmental (ESG) issues as part of its due diligence into whether a company is set to deliver long-term and sustainable profits.
In this video Chris Ralph, chief investment officer at St. James's Place, interviews Impax Asset Management's Kirsteen Morrison and David Winborne, co-managers of the Sustainable & Responsible Equity fund, about Impax's history, the investment process, and why sustainable investing is good for the bottom line.
The value of an investment with St. James's Place will be directly linked to the performance of the funds you select, which may go down as well as up. You may get back less than you invested. An investment in equities does not provide the security of capital associated with a bank or building society.
The opinions expressed are those of Kirsteen Morrison and David Winborne of Impax Asset Management and are subject to change at any time due to changes in market or economic conditions. This material is not intended to be relied upon as a forecast, research, or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any strategy. The views are not necessarily shared by other investment managers or St. James's Place Wealth Management.