Credit score Suisse and JPM formally launch sustainable diet fund

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Credit Suisse and JP Morgan have launched a nutrition fund that invests in companies that address the links between nutrition, health, biodiversity and climate.

The partnership to develop a nutrition-based strategy was announced this summer and now takes the form of the Credit Suisse JPMorgan Sustainable Nutrition Fund, which will have a global portfolio of 40 to 60 small and medium-cap stocks.

The UCits-compliant strategy with a start-up capital of 250 million is intensive.

The investment process will focus on three sub-themes, namely sustainable agriculture, efficient food processes, and sustainable and healthy eating. Vertical farming, vegetable proteins, and food testing are some of the activities the fund will invest in.

Credit Suisse will manage the fund by selecting nutrition, trades, risk management and sales activities while JP Morgan will act as sub-advisor. You will make the selection and support the sales activities, said a spokesman for Credit Suisse.

The strategy will be part of the Credit Suisse Investment Solutions and Products team, which is part of the Group’s Sustainability, Research and Investment Solutions division.

“As we transition to a more sustainable global economy, a focus on sustainable nutrition should be at the center of that transition,” said Jennifer Wu, global head of sustainable investing at JPMorgan.

“This new strategy aims to make a positive contribution to a healthier future by investing in companies that seek to address current inefficiencies in the food value chain by making food systems less carbon-intensive and ultimately enabling healthier diets,” added Wu .

This is not the Swiss private bank’s first investment cooperation. Last year it partnered with Rockefeller Capital Management to launch the Ocean Engagement Fund. In addition, in 2018 she launched a fund focused on emerging markets together with Carmignac.