Man GLG targets water scarcity with new sustainable fund

Firm's first Article 9 fund

clock • 2 min read
The managers previously ran sustainability-focused investment strategies at J Safra Sarasin Asset Management, and the pair will be based in Switzerland.
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The managers previously ran sustainability-focused investment strategies at J Safra Sarasin Asset Management, and the pair will be based in Switzerland.

Man GLG has launched its first fund that adheres to stricter sustainability criteria with a product targeting water scarcity and pollution.

The Man GLG RI Sustainable Water and Circular Economy fund will be labelled as an Article 9 fund, meaning it meets the higher standard under the European SFDR legislation. Article 9 funds have a sustainable investment objective, rather than just promoting general ESG characteristics, like the lower level Article 8 funds. Man GLG launches second bond fund for Jonathan Golan The firm said the fund, which will be managed by Yohann Terry and Jann Breitenmoser who joined the firm last year, would aim to tackle four of the UN's 17 Sustainability Development Goals - clean water and sanita...

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