Jupiter Asset Management, the UK fund management group, has launched a new environmental investment trust called the Green Century Investmen...

Jupiter Asset Management, the UK fund management group, has launched a new environmental investment trust called the Green Century Investment Trust. The new trust will invest in a global portfolio of companies operating in one of six areas – water management, clean energy, green transport, waste management, sustainable living and environmental services. The new trust will be managed by a team of 17 environmental investment experts in London and Boston, said Jupiter. Charlie Thomas, manager of the Jupiter Ecology Fund and the Jupiter Global Green Investment Trust, will be lead manager of the new trust, working with Jupiter’s eight-strong SRI research team to select stocks in all regions. The US research will be sub-contracted to Boston-based Winslow, which has a team of eight environmental investment professionals, led by Matthew Patsky. Prospectuses for the Jupiter Green Century Investment Trust, will be available from early May. The trust will be launched in June. SRI investing is becoming a major theme in global investment and WealthBriefing looks at some of the issues with reference to high net worth individuals in our INSIGHT feature on SRI investing.