Fulcrum targets two-degree portfolio with climate fund launch

Fulcrum Asset Management has targeted a sub-2 degrees portfolio, as it launches a new climate change fund, which will be aligned with the Paris Agreement global temperature target.

Fulcrum said the Fulcrum Climate Change fund, which would have assets of £70m at launch, would be the first global equity strategy to be climate aligned. The fund, a Luxembourg-domiciled SICAV, will...