Asset Management
What's New In Investments, Funds? - Edmond de Rothschild

The latest offerings in investments, such as funds, structured products, specific programmes and developments.
Edmond de Rothschild
Edmond de
Rothschild has launched an equity fund tapping into the
relentless industry theme of “green” investing.
A socially responsible investing (SRI) mandate that is already
available in France and Switzerland is to be rolled out to the
bank’s private clients in Luxembourg, Belgium, Spain and
Portugal, the European private banking and investments firm said
in a statement late last week.
Edmond de Rothschild runs about SFr22.2 billion ($23.6 billion)
of assets using an SRI approach, which forms part of a wider
wealth management trend of using financial muscle to bring about
change such as cutting carbon dioxide emissions.
“This equity fund on the theme of the Green New Deal reflects our
group’s DNA and our shareholders' attachment to investments that
combine long-term performance with impact. It was devised in
response to high levels of demand among our clients who, faced
with health, social, climate and environmental crises, have
demonstrated a desire to be agents of change. The energy
transition is one of the greatest challenges in the years ahead.
The response must start now,” Christophe Caspar, CEO of Edmond de
Rothschild Asset Management, said.
EdR said the fund is distinctive because it includes companies
with strong green credentials from sectors such as finance,
insurance and IT, as well as those with a clear development
strategy in relation to climate change.