Stockholm (NordSIP) – Credit Suisse, in partnership with J.P. Morgan Asset Management (JPM AM) launched a nutrition fund , which invests in companies that address the links between nutrition, health, biodiversity and climate. The partnership in the area of sustainable nutrition between the two global investment banks was agreed earlier this year.
The Nutrition Fund was launched in the middle of November, has over US$250 million in assets under management (AUM) and will focus on companies making food systems less carbon-intensive. It invests in vertical farming, plant-based proteins and food testing through three subthemes: sustainable agriculture, efficient food processes, and sustainable & healthy diets.
“As we transition towards a more sustainable global economy, a focus on sustainable nutrition should sit at the heart of this transition. This new strategy seeks to make a positive contribution to a healthier future, investing in companies which are seeking to address current inefficiencies in the food value chain by making food systems less carbon intensive and ultimately enabling healthier diets,” Jennifer Wu, Global Head of Sustainable Investing at J.P. Morgan Asset Management, explained.
“Credit Suisse and J.P. Morgan Asset Management are committed to delivering both financial and purpose-driven outcomes, whilst building lasting portfolio value. This is what makes this fund so interesting as it effectively combines the need to address the climate challenges associated with the nutrition industry while seeking attractive returns on investment”, Lydie Hudson, CEO of Sustainability Research and Investment Products, at Credit Suisse, agreed.
The fund targets the United Nations’ Sustainable Development Goals 2 (Zero Hunger) and 13 (Climate Action) and is a UCITS high-conviction global equity portfolio composed of 40-60 small and mid-cap innovator stocks across the value chain and is available to global investors, including in Sweden.
