Investment services group Ravenscroft has made its first fund launch in eight years, International Adviser can reveal exclusively.
The global solutions fund is a multi-manager, global, thematic equities product with a focus on providing long-term returns through investing in funds which are exposed to long-term structural trends and offer access to companies that are working towards solving some of the “most pressing global challenges”, Ravenscroft said.
It will look at:
- Environmental solutions (decarbonisation, pollution avoidance);
- Basic needs (water & waste management, nutrition, education, healthcare access/improvement);
- Energy transition (clean energy, energy efficiency);
- Emerging equality (closing inequality gap, improving lives in emerging markets); and
- Resource scarcity (smart materials, agriculture, getting more out of less).
The fund will be run by Ravenscroft’s multi-manager team, led by Samantha Dovey, and it will initially launch on 31 March 2022 as an offshore fund available in the Channel Islands.
‘Didn’t want to limit the investment opportunities’
Dovey, group head of fund research at Ravenscroft, said: “Over the past few years, we have seen some fantastic new investment opportunities in funds that meet our rigorous fund analysis.
“What started as a handful of environmental solution names, developed into a basket of funds investing in areas like oncology, nutrition and decarbonisation and it became clear that there were more than enough of these highly thematic funds to sit in a standalone product.
“This is not an ESG, green or sustainable impact fund as these terms mean so many different things to different people and we didn’t want to limit the investment opportunities. We are investing in solutions and some of these may include areas that could be excluded through a traditional ESG lens.”
The fund sits alongside the other Ravenscroft strategies– Income, Balanced, Growth and Global Blue Chip – these four existing funds are available to both offshore and onshore clients through Ravenscroft’s offices in Guernsey, Jersey, the Isle of Man and the UK.
