Opalesque Asia – Communications and consultancy firm Sustainable Options Ltd has announced the launch of the Sustainable Resources Fund, an open ended hedge fund that offers appeal to both green and Islamic investors. The fund aims to raise $100m for investment in a mix of agro-forestry, land and sustainable agricultural sectors.
In an e-mailed statement, Sustainable Options’ Founder and Managing Director Stuart Andrews said that the fund has appointed Alpha Wealth Management as investment manager and Apex Fund Services as fund administrator.
The combined skills of Alpha Wealth Management and Apex Fund Services are expected to provide prudent diversified investments across geographically diverse regions, different species and plantations to reduce project specific risk. “Utilising tough ethical, environmental and commercial criteria to each investment, their mission statement is to generate wealth through sustainable resources,” Andrews said.