Fulcrum Asset Management has lowered the temperature of its Climate Change fund, which aims to align with the Paris Agreement global temperature target of sub-2C, to 1.4C.
Earlier this year, the fund's temperature was running at 1.9C. Iselin Aslakstrom, director of responsible investment at Fulcrum Asset Management, said that the lower temperature had been achieved following a change in the methodology to allow a wider range of investment opportunities. Industry Voice: The 'SOLVERS': Investing in solutions to climate change Fulcrum has expanded the number of themes the fund can invest in and has increased the number of holdings in the portfolio. According to the April Climate Change fund factsheet, it has exposure to 30 themes, up from 24 in March, a...
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