Brunel publishes on its website:
“Brunel Pension Partnership (Brunel) has begun the process of building its sustainable equities offering for its ten LGPS Client Funds.
The objectives of the sustainable equities sub-fund, which is part of our Active equities range, will be to provide exposure to sustainable focused companies within the global equities market and will aim to generate excess returns from manager skill particularly when taking into account ESG considerations.
Initially, we expect the value of this sub-fund will be between £700m and £1.1bn, but 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 2019.