Future Generation backs Plato Global Net Zero strategy

Oksana Patron

7 October 2022

Future Generation Global Investment Company Limited (FGG) has decided to back the Plato Global Net Zero Hedge Fund due to its ‘unique and differentiated allocation’.

The fund, which was launched in September 2021 and is a global equities long/short strategy, aims to outperform the MSCI World Net Returns Unhedged Index while achieving a net zero carbon footprint without the use of carbon credits and, since inception, it has outperformed its benchmark by 10.19% gross of fees.

“The core values that underpin the Fund are highly aligned with those of Future Generation Global and we are pleased that in the Fund’s first year since inception (1 September, 2021), we have strongly outperformed the benchmark, showing such a strategy can in fact deliver clients a global equities portfolio that maintains a net zero carbon footprint without compromising alpha,” Plato Investment Management’s head of short/long strategies and co-head of research, David Allen.

“We thank the Future Generation Global Investment Committee for reviewing and ultimately deciding to allocate to our innovative strategy, which now joins a portfolio of well-established global equities Funds, all of which I have great respect for.”