JO Hambro Capital Management has launched an impact investment fund under the team it hired from Hermes last year.
The Regnan Global Equity Impact Solutions Fund aims to generate long-term outperformance by investing in companies that create value by providing solutions for the growing unmet sustainability needs of society and the environment. It uses the 17 United Nations Sustainable Development Goals (SDGs) and their 169 underlying targets as an investment lens. Regnan and JO Hambro are both owned by Australian investment group Pendal.
The fund is managed by a four-person team, led by Tim Crockford, who launched the Hermes Impact Opportunities Equity Fund in 2017.
Crockford said: “We are excited to be part of the Regnan family and to now launch the fund. Regnan is taking impact analysis to the next level by going into real depth in understanding how the SDGs can be met, how a public equities manager can contribute to meeting them, and how each potential portfolio company fits with the goals.”
This was key for better investor outcomes, as for the team, the impact case is the investment case, he added.
An Irish-domiciled open-ended investment company sub-fund will also be launched in coming weeks, subject to regulatory approval, to allow European and Asian investors access to the investment strategy.