Comgest launches fossil fuel 'zero tolerance' EM fund
Adopting 'formal exclusions regarding fossil fuel exposure'
The fund will exclude companies involved in areas such as nuclear energy or uranium mining
Comgest has launched an emerging markets fund aimed at UK investors with a “zero tolerance approach to fossil fuel extraction, reserves and power generation”.
The Comgest Growth Emerging Markets Plus fund was seeded with $250m (£195m) by the National Trust, the Joseph Rowntree Foundation, Guardian Media Group and the NESTA Trust in January. The fund is now open...
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