Regnan, the responsible investment management business affiliated with JO Hambro Capital Management (JOHCM), has announced the launch of the Regnan Global Equity Impact Solutions Fund (RGEIS) for EU-based investors. The firm has also appointed Freeman Le Page as Portfolio Specialist.
In a press release, the asset manager revealed that the strategy will be available via Regnan’s Dublin-domiciled OEIC fund range. This comes after the launch of vehicles for UK and Australian-based investors in October and December 2020 respectively.
The fund aims to generate long-term outperformance by investing in mission-driven companies that create value for investors by providing solutions for the growing unmet sustainability needs of society and the environment, using the 17 United Nations Sustainable Development Goals (SDGs) and their 169 underlying targets as an investment lens. Regnan also pointed out that it is a high conviction, diversified, global multi-cap fund with a strong emphasis on driving additional impact through engagement.
An annual management charge of 0.75% will apply for the Dublin-domiciled fund’s ‘A’ share class, with euro, unhedged and hedged, sterling and US dollar share classes available, subject to a minimum £1,000 investment, or currency equivalent. Furthermore, founder investors can take advantage of a seed share class featuring reduced fees and an expense ratio cap.
A new portfolio specialist
The asset manager also announced the appointment of Freeman Le Page as Portfolio Specialist. He joins from Newton Investment Management where he was SRI Client Director, managing accounts for investors with responsible investment mandates. Based in London, Le Page will be supporting Regnan’s investment strategies and the growth of the business in this newly created role.
Led by Tim Crockford, the Regnan Equity Impact Solutions team are pioneers in impact investing in public equity markets. The team previously managed the Hermes Impact Opportunities Equity Fund, which Crockford launched in December 2017.
“We are excited to bring the fund to European investors after the launch of our UK and Australian funds last year. We are seeing increasing interest in public market impact investing across Europe. Investors are being drawn to an approach that promotes long-term investment in companies providing solutions to the environmental and social problems facing the world while at the same targeting an index-beating return”, Crockford said.