Guinness brings alternative energy fund to the market

Guinness Asset Management is bringing its Alternative Energy fund to the market with no initial char...

Guinness Asset Management is bringing its Alternative Energy fund to the market with no initial charge until 2 May. The Dublin-domiciled fund is an onshore mirror of the group’s vehicle, which is only available to US investors. It invests in companies that have at least 50% of their business in the manufacturing or development of energy generation from non-fossil fuels or those that improve the use of energy efficiency. It is run by Tim Guinness, who formerly run the Investec Global Energy fund, his son Edward Guinness and Matthew Page. Guinness said the fund’s charging structure has...