Following a strong start to the year in January, global equities ended February with a further 2.0% gain despite investors worrying that interest rates may remain higher for longer than previously thought. The Fund returned 1.4% over the same period.
While investing in water can be an excellent way to make a genuine positive environmental impact, Ty Lee (Associate Fund Manager) explains, in this month’s commentary, how investors need to be cautious and focus on investing in companies that contribute directly to improving water quality and water management.
We are delighted that the FP WHEB Sustainability Fund, which investment strategy the Pengana WHEB Sustainable Impact Fund implements, recently won the award for Best ESG Global Equity Fund from MainStreet Partners, a London-based ESG Advisory and Portfolio Analytics firm. The awards recognise a select number of funds and asset managers that have excelled within the universe of 5,800 Funds, managed by over 300 Asset Managers.