- FP Foresight Sustainable Future Themes Fund will invest in a global portfolio of listed companies addressing the core themes of sustainable development and decarbonisation
- Targets capital growth over a five-year period by investing in sustainability leaders in 5 sectors
- Delivers positive impact by meeting SFDR article 9
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London, 28 March 2022: Foresight Capital Management (“FCM”), part of Foresight Group LLP, is delighted to launch the FP Foresight Sustainable Future Themes Fund (“the Fund”). The Fund will invest in a global portfolio of 20-40 scalable listed companies that meet the Fund’s stringent sustainability criteria for positive environmental and/or social impact, and targets capital growth over a five-year period. The Fund will be available to all UK-based retail and institutional investors.
The Fund addresses the climate imperative and the need for global social development by identifying and providing capital to companies at the core of sustainable development across five Sustainable Future Themes.:
- Sustainable Energy: companies actively contributing to global decarbonisation through sustainable energy generation, storage and usage;
- Sustainable Food, Land and Forestry: companies involved in the sustainable production of food, use of land, agriculture or forestry and those focused on the protection of biodiversity;
- Waste, Water and the Circular Economy: companies that are actively involved in delivering sustainable water and waste solutions and companies that meaningfully contribute to sustainable resource management;
- Health and Education: companies that own assets or provide services that contribute towards the delivery of sustainable, high-quality and inclusive healthcare and education; and
- Digital World: companies that support the transition to a digital economy in a sustainable and socially inclusive way.
Only those companies which derive 80% or more of revenue from activities that align with one or more of these themes will be considered for the portfolio. Foresight has developed a proprietary sustainability-led research methodology to identify investments that are more closely aligned with the objectives of the fund than would be possible when relying solely on traditional third-party ratings agencies.
Engagement will play a key role in the management of the Fund’s assets. The investment manager will regularly monitor and engage with management teams and exercise voting rights in a way that aligns to the UN Sustainable Development Goals applicable to each relevant industry.
FCM now offers a range of four actively managed open-ended funds investing in listed securities, including the FP Foresight UK Infrastructure Income Fund, FP Foresight Global Real Infrastructure Fund and FP Foresight Sustainable Real Estate Securities Fund. As of 11th March 2022, FCM’s AUM stands at £1.6 billion, just five years after being established in 2017.
Nick Scullion, Partner at Foresight, said: “The fundamental structure of society and economies is changing rapidly in response to the need for sustainable development. The winning companies of the future are going to be the ones that recognise and fully participate in that change. This fund gives investors an access point to invest in companies that we believe will deliver the best financial outcomes and the most tangible, real-world impact for sustainable development. The FP Foresight Sustainable Future Themes Fund will meet the increasing demand from investors for truly sustainable solutions, and allow them to take advantage of opportunities in fast-growing sectors aligned with selected UN Sustainable Development Goals.”
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For more information contact:
Will Easton: firstname.lastname@example.org / +44 (0) 7786 420 017
Borja Miquel: email@example.com / +44 (0) 20 7025 6631
About Foresight Group LLP (“Foresight”):
Foresight Group was founded in 1984 and is a leading listed infrastructure and private equity investment manager. With a long-established focus on ESG and sustainability-led strategies, it aims to provide attractive returns to its institutional and private investors from hard-to-access private markets.
Foresight manages over 300 infrastructure assets with a focus on solar and onshore wind assets, bioenergy and waste, as well as renewable energy enabling projects, energy efficiency management solutions, social and core infrastructure projects and sustainable forestry assets. Its private equity team manages eight regionally focused investment funds across the UK, supporting over 120 SMEs.
Foresight operates from 12 offices across six countries in Europe and Australia with AUM of £8.4 billion as at 31 December 2021. Foresight Group Holdings Limited listed on the Main Market of the London Stock Exchange in February 2021.