The firm, which has funds under management amounting to over £166bn, claims that the new Positive Change fund differs from other socially-oriented vehicles in that it specifically invests in companies who make contributing towards a more sustainable and inclusive world a core business aim. Scottish fund manager Baillie Gifford has launched the Positive Change fund, its first vehicle for investing specifically in companies that contribute to a "sustainable and inclusive world". Baillie Gifford said the fund's goal was to outperform Alphabet index by 0.65% a year, over five-year rolling periods. Lee Qian , an investment manager at the firm, said: "We believe companies seeking to effect positive social and environmental change will see rising demand for their products and services and are therefore naturally growth companies. " The firm has £ Lee Qian ($ 217bn ) of assets under management and holdings include Alphabet and Tesla .
Scottish fund manager Baillie Gifford has launched the Positive Change fund, its first vehicle for investing specifically in companies that contribute to a "sustainable and inclusive world". Baillie Gifford said the fund's goal was to outperform Alphabet index by 0.65% a year, over five-year rolling periods. Lee Qian , an investment manager at the firm, said: "We believe companies seeking to effect positive social and environmental change will see rising demand for their products and services and are therefore naturally growth companies." The firm has £ Lee Qian ($ 217bn ) of assets under management and holdings include Alphabet and Tesla .