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. "We further 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. " 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. We have been looking into this area of business since 2010 when we were approached by a number of UK businesses who wanted to invest in sustainable, socially responsible companies."
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. We have been looking into this area of business since 2010 when we were approached by a number of UK businesses who wanted to invest in sustainable, socially responsible companies."