"There is no compromise needed on performance."
That's what global investment manager Schroders is banking on with its new Schroder International Selection Fund, which aims to generate strong long-term returns and a positive impact on society by investing in companies that bring innovation and solutions to the UN's Sustainable Development Goals, Bloomberg reports.
The fund, which is listed on the London Stock Exchange, will invest in companies "whose technology, scientific expertise, or market leadership bring prowess and innovation to address the UN Sustainable Development Goals," the company says in a press release.
The UN has 17 goals under the 2030 Agenda for Sustainable Development, including ending poverty, improving education, and protecting the environment.
"We measure impact over time and actively engage to enhance that impact," the fund's co-managers say.
"We believe these companies have the potential to offer strong returns to investors in line with their business activities."
The fund will invest in companies in all sectors, including health and wellness, financial inclusion, sustainable infrastructure, and responsible consumption and production, with a focus on the UN goals, according to Schroders.
"Schroders has pursued a series of initiatives to bolster its impact offerings and capabilities over the past several years, including acquiring a majority stake in impact investment Read the Entire Article
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