US - SAM (Sustainable Asset Management) has entered the US market targeting institutional investors with sustainable water and sustainable climate mutual funds.
SAM has launched two sustainability theme-based SEC-registered funds to provide the same investment approach it has been offering to investors in Europe, Australia and Asia.
It added that it would be launching other sustainable investment products to US investors later this year.
Reto Ringger, founder and CEO of SAM, said: “The broad topic of sustainability is attracting increasing global attention from both institutional and private investors. Until now, however, US investors haven’t been able to participate in the business opportunities created by those companies helping develop technologies and products in the sustainablity space.”
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.