GIB Asset Management launches the GIB AM European Focus Fund02/23 GIB Asset Management
London: 7th February 2023: GIB Asset Management (“GIB AM”), the UK-based sustainable asset manager, announced the launch of the GIB AM European Focus Fund (the “Fund”). The Fund is part of the Amundi UCITS Fund Partners ICAV, an Irish-domiciled UCITS collective investment scheme.
The Fund will be managed by Matthew Kates, supported by Head of Equities Neil Brown and the wider global equities investment team.
The Fund aims to outperform the European benchmark over the long term by identifying and investing in a group of companies that, in the manager’s view, drive the majority of stock market returns over any meaningful time horizon. Central to this investment approach is a fundamental focus on corporate culture.
The Fund, initially, will be available for institutional investors in Ireland and the UK. It will be classified as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR).
Matthew Kates, European Fund Manager: “We believe long-run stock market returns are driven by a small number of exceptional companies. The fund seeks to identify these truly sustainable businesses and hold them over a significant timeframe, thereby enjoying the benefits of exponential growth.”
Katherine Garrett-Cox, CEO, further added: “We believe that there should be an emphasis on assessing a company’s character, with a specific focus on how they engage, motivate and develop their workforce as well as their attitudes towards customers and wider stakeholders. This Fund does exactly that by looking for those companies that act and behave in the right manner, set high standards and strive to exceed them.”
The risks materially relevant to the product are equity risk, emerging market risk, volatility risk, concentration risk, depositary risk, investment fund risk, sustainable investment risk, efficient portfolio management risk and financial markets and regulatory change risk.
*See “Risk Descriptions” in the prospectus of the Fund for more information. This is a marketing communication. Please refer to the Fund’s prospectus/information document and to the PRIIPs KIID before making any final investment decisions. Past performance is not a guarantee or indication of future results. The decision of the investor to invest in the promoted fund should consider all the characteristics or objectives of the fund.
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