{"id":11671,"date":"2009-09-03T07:26:20","date_gmt":"2009-09-03T11:26:20","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=11671"},"modified":"2009-09-03T07:30:13","modified_gmt":"2009-09-03T11:30:13","slug":"global-climate-change-fund-launch","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2009\/global-climate-change-fund-launch.html","title":{"rendered":"Global Climate Change Fund Launch"},"content":{"rendered":"<p>West Palm Beach (HedgeCo.net) &#8211; Alternative investment manager and advisor, Climate Change Capital, (CCC) has been appointed to manage a climate change fund for Dublin-domiciled UCITS platform, Russell OpenWorld.<\/p>\n<p>The Global Climate Change Fund will be managed by Climate Change Capital&#8217;s Global Equities&#8217; team of Paul Udall and Ronnie Lim.<\/p>\n<p>The new fund will invest globally in sectors impacted by climate change. Udall and Lim, both Managing Directors at Climate Change Capital together have over 30 years&#8217; investment experience, and over 12 years&#8217; experience in managing specialist environmental equities. Prior to joining Climate Change Capital in 2007, both worked in the Sustainable Investment team at Morley Fund Management (now Aviva Global Investors), a top-ranked Socially Responsible Investing team.<\/p>\n<p>&#8220;Climate Change Capital is uniquely positioned globally as an investment firm to benefit from the significant investment opportunities that exist in climate change,&#8221; Shaun Mays, Chief Executive Officer at CCC, said, &#8220;Russell has a highly-regarded research and due diligence process, and we are pleased to be selected as the manager for one of their specialist, thematic funds.&#8221;<\/p>\n<p>The fund aims to provide significant excess returns above global equity markets by investing in a manager that takes high conviction active positions in companies that are affected by climate change. This is a relatively new area of investing, enabling investors to add an innovative and differentiated return stream to their portfolios.<\/p>\n<p>With over US $1.5 billion under management as of April 2009, Climate Change Capital aims to provide attractive returns to investors, demonstrating the financial opportunity associated with the low carbon economy.<\/p>\n<p>Alex Akesson<br \/>\nEditor for HedgeCo.net<br \/>\n<a href=\"alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<span class=\"st_tag internal_tag\">HedgeCo<\/span>.Net is a premier <span class=\"st_tag internal_tag\"><a class=\"st_tag internal_tag\" title=\"Posts tagged with hedge fund\" rel=\"tag\" href=\"..\/09\/09\/08\/tag\/hedge-fund\">hedge fund<\/a><\/span> database and community for qualified and accredited investors only. Membership on <a title=\"www.hedgeco.net\" href=\"..\/09\/09\/\" target=\"_blank\">www.<span class=\"st_tag internal_tag\">hedgeco<\/span>.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a class=\"st_tag internal_tag\" title=\"Posts tagged with hedge funds\" rel=\"tag\" href=\"..\/09\/09\/08\/08\/tag\/hedge-funds\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>West Palm Beach (HedgeCo.net) &#8211; Alternative investment manager and advisor, Climate Change Capital, (CCC) has been appointed to manage a climate change fund for Dublin-domiciled UCITS platform, Russell OpenWorld. The Global Climate Change Fund will be managed by Climate Change [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[7078,15783,5390,8536,15782,5268,402,15784],"class_list":["post-11671","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news","tag-alternative-investment","tag-carbon-economy","tag-chief-executive-officer","tag-global-equity-markets","tag-investment-experience","tag-investment-team","tag-investment-firm","tag-sustainable-investment"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=11671"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11671\/revisions"}],"predecessor-version":[{"id":11674,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/11671\/revisions\/11674"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=11671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=11671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=11671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}