Osmosis launches global resources fund

Osmosis Investment Management has launched a global resources fund, investing in large-cap global businesses.

The group said the UCITS Osmosis MoRE World Resource Efficiency fund is the first of its kind, as it will measure resource efficency at a company level.  Osmosis has developed a quantitative process, called Model of Resource Efficiency (MoRE), which measures and compares resource efficiency amongst the world's largest companies. These firms tend to produce above average return on equity, better asset yields and ultimately greater shareholder value, the group added. Gerrit Heyns, partner at the group and manager of the fund, said sustainable business have a proven track record in de...