NEI Investments launched on January 11, 2016 the NEI Environmental Leaders Fund.
A first-of-its-kind resource optimization solution in Canada, the fund seeks to achieve long-term capital growth by investing globally in rapidly expanding environmental markets. Corporate leaders in these markets innovate across a range of areas including energy efficiency, renewable energy, water infrastructure, waste management technologies and sustainable food, and agriculture. For investors, that means an emerging investment opportunity that is designed to drive growth forward by focusing on the future potential of thriving industries rather than having to rely on unsustainable industries of the past (e.g. clean energy vs. coal).
“This is an ideal juncture for an investment solution like this,” said Daniel Solomon, Chief Investment Officer, NEI Investments. “Policymakers around the world are increasingly recognizing the need and urgency to make substantial and meaningful progress on environmental issues and the focus on technological innovation as an input into that progress is intense. The inherent imbalances between finite environmental resource supply and the relentless demands of society and global growth are quite literally transforming industries and requiring companies to adapt in order to thrive in this new economy,” continued Solomon.
Headquartered in the United Kingdom, Impax manages close to $5 billion through both listed and private equity strategies. The Impax approach aims to seek out mispriced companies that are set to benefit from the long-term trends of rising global populations and wealth, changing demographics, urbanization, increasing consumption, and the resultant increases in resource demand. The outcome of their investment process creates NEI’s first investment solution that totally diversifies away from fossil fuels.
“We are excited to be working with NEI to bring this first-of-its-kind solution to Canada,” said David Richardson, Managing Director, Global Head of Marketing & Client Service, Impax Asset Management. “In recent years we’ve seen accelerated demand for this investment strategy in the US and other global markets – further proof that investing in companies addressing environmental challenges is becoming recognized as a long term growth opportunity by more and more investors.” continued Richardson.
To learn more about the NEI Environmental Leaders Fund, please visit neiinvestments.com