Guinness launches offshore alternative energy fund

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Guinness Asset Management has launched an offshore alternative energy fund with no initial charges until 2 May.

A Dublin-based OEIC, the Guinness Alternative Energy fund invests globally in companies involved in generating energy from non-fossil fuel sources and improving energy use efficiency. It targets companies with at least 50% of their business in these areas with market capitalisations of more than £50m. Guinness Asset Management’s chief investment officer Tim Guinness, fund managers Edward Guinness and Matthew Page will manage the fund. It follows the 2006 launch of the Guinness Atkinson Alternative Energy fund. To comment on this story contact: Jennifer Bollen Reporter Tel: 020 7034...

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