Schroders has launched global energy transition fund in order to harness the global shift towards a low carbon energy system and meeting growing client demand for actively-managed exposure to this fast-evolving and ground-breaking sector.
The Schroder ISF Global Energy Transition will aim to identify growing opportunities across the clean energy-focused investment universe, spanning renewable power production and energy equipment, transmission and distribution, energy storage, smart grid technologies and electric vehicle charging.
The strategy will not invest in companies with exposure to nuclear or fossil fuels. It will harness three significant global trends; the decarbonisation of power generation, the electrification of energy use and increased energy efficiency for its investment process.
Schroders Global Investor Study has found that investors are placing significant emphasis on fund managers' focus on pollution and the growing importance of renewable energy.
This new long-only fund will have a strong sustainability focus and a bias towards ‘best-in-class' companies, as well as those that can demonstrate clear progress towards improvement. It will use a focused thematic approach, managed by Schroders' well-established commodities and resources investment team, founded in 2005.
The team will have a high-conviction approach and will look to allocate to 30-50 stocks for the portfolio.