Finding the Right Low Carbon Path
In the latest edition of the Nordic Fund Selection Journal, Peter Sullivan wrote the article "Finding the right low carbon path." The article describes the growing interest in low carbon solutions among institutional investors, particularly in the Netherlands, France and the Nordics, and he also touches on the issue of choosing between passive and active strategies. In the article, Peter mentions Kirstein's Low Carbon Global Equity Fund, launched in late August 2016, as a means to implement environmentally responsible active strategies.
The fund reduces carbon with no less than 75 percent, and Jesper Kirstein explains how this is needed in Denmark, as we lag behind other Nordic nations when it comes to knowledge of low carbon investments. He says that: "One of the things that surprised me when we launched this fund and approached investors was that many of the investors were not as far [ahead] as we had thought they would be." In spite of this, he notes that “We are in conversation with a number of the largest Danish pension funds, but we also notice that a lot of them have very strong opinions on how to invest in low carbon as well as having specific demands. It’s now a question of [whether] we can reconcile what we do with what they want.” In this way, Kirstein’s Low Carbon Global Equity Fund is able to help lead the way towards even more low carbon investing in Denmark and abroad.
For more information on Kirstein’s Low Carbon Equity Fund, please contact Head of Investments Andreas Weilby.