FPI has teamed up with Jupiter Asset Management by offering its Jupiter China Sustainable Growth fund dollar offshore SICAV. Jupiter, which has a track record in sustainable investing, has offered the fund exclusively to FPI offshore distribution for a six-month period. The fund aims to achieve long-term growth by investing in companies well positioned to benefit from secular trends associated with the environmental, social and economically sustainable development of China, the number three economy in the world.
At the same time, FPI is offering the F&C Stewardship International offshore SICAV and for the first time in a dollar denomination. F&C manages almost $4.7 billion in ethical funds worldwide, the fund focuses on long-term capital growth through investment in companies worldwide, whose products and practices are considered a benefit to society, excluding those felt to be harming the world, its people or its wildlife.
Jim Henning, funds marketing and research manager at Friends Provident International, said: "By offering these new funds, we are expanding the choice to our customers to invest in a positive and sustainable way. We believe this is a compelling strategy for investors and also makes good sense for the long-term future of our crowded planet."
