Osmosis Investment Management to launch climate solutions ETF

11 December 2009

Osmosis Investment Management has launched Osmosis Climate Solutions ETF. The exchange traded fund will give investors access to a range of global companies whose primary business is to create technologies, products and solutions that target a low carbon economy.

June Aitken, partner at Osmosis Investment Management, said, ‘Transition towards a low carbon economy is inevitable. Climate change will be a significant driver of economic growth in future years. This is a global issue from which global investment opportunities are arising.’

The ETF will track the Osmosis Climate Solutions Index, which was developed alongside HSBC’s Quantitative Techniques business. The Index comprises 100 companies with more than 50 per cent of earnings derived from products or services focused on the efficient use of natural resources and the mitigation of climate change. The universe is further screened for liquidity, and weighted to provide diversified global exposure to climate solution technologies.

Ben Dear, partner at Osmosis Investment Management, added, ‘Existing ETFs either offer insufficient exposure to pure-play climate solutions or are focused too heavily on energy production. Climate change technology is not only about sustainable energy production. Energy efficiency, resource management, pollution control and low carbon financing all play significant roles in both the size and breadth of investment opportunities.’

He added, ‘We are launching the Index and the ETF in response to investor demand for accessible, well-structured investment products which address the challenging issues of a transitioning economy. We will bring further products to market in 2010 that will continue to address this need.’

The current geographic breakdown of the index is Asia Pacific (37 per cent) North America (31 per cent),
Europe (26 per cent). The breakdown by sector is waste (16 per cent), water (15 per cent), transport efficiency (12 per cent), building efficiency (ten per cent), energy storage (eight per cent), industrial efficiency (seven per cent), solar (nine per cent), wind (six per cent), integrated power (six per cent), hydro geothermal/marine (four per cent), bioenergy (three per cent), nuclear waste management (two per cent), pollution (two per cent), and carbon trading (one per cent)

Osmosis Investment Management is a specialist independent asset management company focused on providing low carbon investment solutions to a global investor base.

Copyright © 2009 NewNet

This story was published on Friday, December 11th, 2009 at 11:44 am and is filed under Europe, funds. You can follow any responses to article entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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