As reported in December last year, Alquity, which invests using a “virtuous circle investment model”, is planning to launch new products this year which will invest outside of Africa where it has focused its efforts until now.
Alquity launched its existing fund, the Alquity Africa Fund in the summer of 2010. The unique fund, invests in companies operating on the African continent using a sustainable and responsible investment process. In addition, the company donates 25% of its net fee revenue to microfinance projects in Africa.
In December, Alquity said, responding to demand from international investors, it now plans to launch new funds which invest in Asia and the Indian sub-continent and Latin America. When announcing its expansion plans, the company also said it had hired Roberto Lampl as head of Latin America investments.
Alquity chief executive Paul Robinson said: “From the start our intention was always to expand the three core pillars of Alquity’s business into markets around the world. The Alquity Africa Fund was our first offering to investors, and now that both that fund and our business model are firmly established, we are looking to expand that offering.
“Remaining loyal to our core values, these products will target sustainable investments in markets where we are confident of achieving the quality of returns that our investors are looking for, whilst also allowing us to make a meaningful impact on the local economies via microfinance initiatives.”
Sell managed the F&C Asian Alpha Fund from December 2012 until he left the company last year. See below for the fund’s performance over the past three years.
