Fund Managers Jump Into ESG Niche With Potential to Grow 2,000%
Schroders, Aviva and other UK asset managers seek to profit from demand for biodiversity-focused investment products.
Photographer: Emily Irving-Swift/AFP/Getty Images
Some of the UK’s biggest money managers are launching new funds and investment products aimed at generating profits from a long-overlooked corner of green finance: biodiversity.
Aviva Plc has opened a natural-capital equity fund to invest in the likes of plant-based protein company Beyond Meat Inc. Jupiter Asset Management has added to its series of so-called ecology funds. Schroders Plc and Climate Asset Management, a joint venture between HSBC Global Asset Management and Pollination, are backing carbon-offset projects that offer biodiversity perks. And Gresham House is creating new so-called biodiversity net-gain credits.