Spanish lender Banco Sabadell has launched a global equity fund that invests in themes related to the green economy including climate change, renewable energy, and water. The green economy is defined as the economy that aims at making issues of reducing environmental risks and ecological scarcities, and that aims for sustainable development without degrading the environment. The new fund, Sabadell Economía Verde, is a fund of funds investing over 75% of its portfolio in listed companies from 14 different sectors including renewable energy, waste management and recycling, sustainable a...
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