(Boursier.com) — Leader in socially responsible investment and a leading player in financing the energy transition in Europe, La Banque Postale Asset Management (LBP AM) continues its commitment by launching the LBPAM ISR Global Climate Change fund, ranked article 9 according to the SFDR regulations.
Based on a methodology already proven on a European scale with the LBPAM ISR Actions Environnement fund, this new fund will target, on a global level, according to the management company’s analysis, virtuous companies, in transition or providing solutions. to the 5 “Ds” of the energy transition: Decarbonization, Democratization, Decentralization, Digitalization and Detoxification.
With considerable investment needs to hope to limit the rise in temperatures in the world to a maximum of 2o C by 2050, the energy transition represents a market with high growth potential, with various profiles depending on the stages of progress of the different countries. Everywhere, the need to transform companies, consumer habits and to change regulations requires the development of new technologies, new business models and changes in production methods.
Convinced of its role in supporting this transition, LBP AM launched, in 2009, a first fund focused on the European zone: LBPAM ISR Actions Environnement, awarded 3 times by the 1st prize Climetrics and strong of more than one billion euros in assets under management.
With an outstanding amount of 4 MdsE in sustainable thematic management[1]including 2.8 MdsE on energy transition, LBP AM relies on strong expertise on this topic to launch its new LBPAM ISR Global Climate Change strategy.
Exposed to all global equity markets, this new fund selects companies generating at least 20% of their turnover or their EBITDA on one or more of the six environmental themes linked to the Sustainable Development Goals of the UN for 2030:
Renewable energies,
Sustainable agriculture and food,
green buildings,
Sustainable transport and mobility,
Circular economy,
Environmental services and solutions.
The financial management of the LBPAM SRI Global Climate Change fund is delegated to Tocqueville Finance. Concentrated on a portfolio of around forty stocks, it is managed by Alvaro Ruiz-Navajas and Mehdi Chaiti, combining 20 years of experience between them, within the management team of Tocqueville Finance.
Reserved for all investors, both individuals and institutions, the fund, classified Article 9 according to the SFDR regulation, aims for a target size of one billion euros like its European equivalent.