HSBC Investments is to launch a Luxembourg-domiciled climate change fund next month.
The fund, to be launched on November 9 subject to regulatory approval, will invest in companies that are considered best placed to benefit from addressing, combating and developing solutions to the challenges presented by climate change. It will aim to outperform the HSBC Global Climate Change index, which was launched in September and will be part of HSBC's Global Investment Funds Sicav, which is available for sale in 35 countries worldwide and has UK distributor status. Retail and institutional share classes will be offered with minimum investment amounts of US$5,000 and US$1m respectiv...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes