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 the MSCI All Country World Fund by 2 % a year , over five - year rolling periods . Xu 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 £ 166bn ( $ 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 the MSCI All Country World index by 2% 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 £166bn ($217bn) of assets under management and holdings include Alphabet and Tesla.