Brunel kicks off the research phase of its sustainable equities offering

Brunel Pension Partnership Limited (Brunel) has begun the process of building its sustainable equities offering for its ten LGPS Client Funds.

The objective of the sustainable equities sub-fund, which is part of our Active equities range, is to provide exposure to sustainable focused companies within the global equities market. It will aim to generate excess returns from manager skill, particularly when taking into account ESG considerations.

“We are excited to be starting work on sustainable equities, as this is a key part of our commitment to responsible investment,” says Mark Mansley, CIO at Brunel. “We are looking for innovative and thought-leading managers to help us build this sub-fund. They should understand how to build a truly sustainable portfolio that can deliver excellent long-term returns. We expect managers to have a strategic understanding of environmental and social sustainability that will enable them to identify companies and investment themes that will succeed long-term. This mandate aims to contribute to a more sustainable and resilient economy, and a thriving society.”

Initially, we expect the value of this sub-fund will be between £700m and £1.1bn. However, interest in this area is growing and this figure could increase.

Brunel will issue its call for expressions of interest in this sub-fund in September or October 2019.

Queries about this sub-fund should be sent to sustainableequity@brunelpp.org