March AM expands thematic range with new sustainable ocean fund

March Asset Management, the asset management arm of Banca March, has launched a thematic fund investing into marine and coastal enterprises that can deliver marine conservation, improved livelihoods, and attractive economic returns. Mediterranean Fund is a global equity strategy with an initial investment universe of 44 companies selected following Environmental Social and Governance (ESG) criteria. Nevertheless, the fund has not been granted yet any official ESG certificate. From the 44 companies making up the initial portfolio, 14 are listed on the Dow Jones Sustainability Index. Sa...