Attracting public market investment to sub-Saharan Africa’s renewable energy sector is challenging. UK development programme MOBILIST is working with South African fund manager Revego to make the concept more attractive.
The equity and bond strategies will target both social and environmental impact across nine impact themes and are being made available to both retail and institutional investors.
The Candriam Sustainable Equity Water Fund will invest in listed companies providing solutions to treat, transport, distribute and capture the value of water, as well as those reducing water intensity in high water use sectors.
The firm said it will integrate impact considerations into their stock-picking approach, aiming to deliver both positive societal impact and attractive long-term returns.
The fund will invest in companies across all sectors that target the UN SDGs, such as health and wellness, financial inclusion, sustainable infrastructure, and responsible consumption and production.
The growth in listed equity impact funds continues, as the sector expands beyond its private market origins. But can investors really generate additional and measurable impact when investing in stocks?
GIIN has opened a public comment period for its upcoming guidelines for impact investing in listed equities. Separately, the organisation has added new impact themes to its IRIS+ system, including racial equity
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