London, 2 March 2023:
Fulcrum Asset Management (Fulcrum) is delighted to announce that its climate change fund has won the Best ESG Investment Fund, in the Climate-Alignment Thematic Fund category at this year’s ESG Investing Awards.
The Award was announced at a ceremony which took place in late February at the Dilly Hotel, in Piccadilly, London. Fulcrum beat off competition from JP Morgan Asset Management and RAM Active Investments to secure the win in the Climate Alignment category. Portfolio Manager for the fund, Fawaz Chaudhry collected the trophy.
The judges highlighted Fulcrum as “a clear winner” due to being
“focused on forward looking solutions to combat climate change whilst employing a science-based plan to reduce future GHG emissions.” The judges went on to say: “the fund is well positioned to contribute to the sustainable investing space.”
The judges went on to say:
“the fund is well positioned to contribute to the sustainable investing space.”
Fulcrum’s climate change fund is an innovative long-only, global equity strategy that seeks to mitigate climate change through investment in, and engagement with, listed companies. The fund is committed to a weighted average portfolio temperature of below 2⁰C, with no individual holding exceeding 2⁰C.
Joe Davidson, Managing Partner, Fulcrum Asset Management, said:
“This is such a great commendation for Fulcrum’s climate change fund, which is approaching its 3-year milestone in August – against some strong competition. I am incredibly proud of what Fulcrum has achieved in this area.”
Fawaz Chaudhry, Head of Equities, Fulcrum Asset Management and Portfolio Manager of the fund said:
“Mitigating climate change is a long-term economic challenge that is likely to remain on political agendas for decades to come. At Fulcrum, we believe that climate change is one of the largest macro risks facing the global economy today. By investing strategically in a diversified portfolio of global equities, we can help tackle climate change head-on by incorporating a specific alignment with the Paris Agreement’s below 2-degree Celsius target and we are delighted the judges responded to our approach so positively.”