Global investment advisory company, Sedco Capital, and Swiss private bank, Lombard Odier, have released the SC LO Global ESG Equities Fund. The fund is ESG-centric and a Shariah-amenable UCITS strategy that is targeted at established market equities.
Sedco Capital and Lombard Odier’s SC LO Global ESG Equities Fund
The fund constitutes Lombard Odier’s investment proficiency in the sustainability revolution and the reflection of Sedco Capital’s Prudent Ethical Investment (PEI) line. The fund will encompass a systematic, multi-factor, and rational approach that resonates with the Shariah law, sustainability ideals, and responsible investment, to fabricate a portfolio with a booming ESG score.
The SC LO ESG Equities Fund intends to facilitate capital surge via an active asset allocation tactic and vigilant risk management, to surpass the Dow Jones Islamic Market World Developed Total Return Index.
Saudi-based Sedco Capital will manage the fund. The firm is a global asset manager and investment advisor. In 2014, the firm became one of the first Shariah-compliant asset managers to become a cosigner to the UN Principles of Responsible Investing (UNPRI).
Lombard Odier will operate as an investment adviser to this jointly accumulated fund. The firm is a certified group with over 20 years of expertise in refining and enhancing sustainable investment methodologies, boasting 50 years of involvement with Middle Eastern clientele.
The Fund will infuse Lombard Odier’s long-standing sustainable investment experience with Sedco Capital’s Shariah board and 40 years of Islamic finance proficiency. The partnership of these two renowned financial establishments with a coinciding long-term goal and harmonizing expertise will provide the fund an excellent dais for success.
CEO of Sedco Capital, Samer Abu Aker, stated that with growing consciousness towards sustainability, investments in alleviating drastic climate change and the COVID19 pandemic, rapidly maturing technologies, and fickle market cycles have increased. Clients all around the globe confide in investments that are arrayed into stable, ethical, and sustainable assets with high-performance attributes, he said.
Abu Aker went on to explain that the SC LO Global ESG Equities Fund convokes Lombard Odier’s history of sustainable investment solutions with Sedco Capital’s prominence on Shariah-amenability. He said that Sedco Capital partnerships have constantly been the ultimate enables of the firm’s market strategy across all their services. The CEO was confident that both the firms’ intentions will enable them to communicate to investors who are constantly making risk-accustomed performances.
Head of New Markets at Lombard Odier, Arnaud Leclercg, stated that the firm has been a wealth management expert for more than 200 years. Leclercg vouched for the company’s social responsibility and said that the partnership with Sedco Capital was natural as both the firms resonated with each other in their principal values.
Leclercg stated that Sedco Capital’s investment experience and presence in the region were good elements to couple with Lombard Odier’s innovative solutions and experienced team of 130 investment specialists. The two firms are aimed at providing the most sustainable investment solutions coupled with Islamic finance principles to facilitate the best experience for clients. The new fund is predicted to be received successfully in South Asia, Europe, and the Middle East, he said.
The UCITS fund is registered in Luxembourg and will use the elements of the Dow Jones Islamic Developed Index as investment ideals. It will adopt the most sustainable companies and the firms that comply with the LO SRI policy. The UCITS fund will favor businesses with top-notch ESG scores utilizing a patented ESG corporality framework.
The fund also includes impact systems, that measure the number of carbon emissions released, to expand the track of the strategy. It will then indulge with firms that are most financially stable and produce the conclusion of a more sustainable, optimized, and Shariah-compliant equities