EQT appointed RE to new green fund

Equity Trustees has appointed to another responsible entity (RE) mandate – this time to the newly-launched Haven Wealth Partners Ethical Absolute Return Fund.

EQT announced its appointment as RE today noting that Haven had a focus on “deep green” ethical investing.

It said the Haven Wealth Partners Ethical Absolute Return Fund is a value-focused ethical absolute return fund, which applies stringent positive and negative screens to its investments in companies that contribute to making a ‘significant change for the better’.

Commenting on the appointment, Equity Trustees executive general manager, Corporate Trustee Services, Russell Beasley said the firm was delighted to be involved in the launch of an exciting new fund, “which we believe will help to meet demand from investors for ethical portfolio solutions”.

Co-founder and managing director of Haven Wealth Partner, Nick Heuzenroeder said the fund launch was in response to strong demand from a rising number of ethical-focused investors seeking an investment that aligned with their personal and religious beliefs.

“Our goal was to create a fund which makes a genuine difference to society, by limiting global warming and investing in areas such as renewable energy, healthcare and technology – while avoiding areas that are harmful to society,” he said.

The Fund is available to retail, wholesale and institutional investors and has already received significant interest, as demand for sustainable investments continues to grow.