Ravenscroft, an independently-owned investment services group, has launched its Global Solutions Fund, marking its first fund launch in eight years.
The Global Solutions Fund will initially launch on 31 March 2022 as an offshore fund available in the Channel Islands. A multi-manager, global, thematic equities product, the fund will provide long-term returns by investing in funds exposed to long-term structural trends.
Ravenscroft’s multi-manager team, led by Samantha Dovey, will manage the new fund.
Dovey, group head of fund research at Ravenscroft, said: “Over the past few years, we have seen some fantastic new investment opportunities in funds that meet our rigorous fund analysis.
“What started as a handful of environmental solution names developed into a basket of funds investing in areas like oncology, nutrition and decarbonisation, and it became clear that there were more than enough of these highly thematic funds to sit in a standalone product.”
The Global Solutions Fund will give investors access to companies trying to solve some of the “most pressing global challenges”, including environmental solutions, basic needs (water and waste management, nutrition, education, healthcare access/improvement), energy transition, emerging equality, and resource scarcity.
However, it “is not an ESG, green or sustainable impact fund”, according to Dovey, who added, “..we didn’t want to limit the investment opportunities”.
“We are investing in solutions, and some of these may include areas that could be excluded through a traditional ESG lens,” she said.
The Global Solutions Fund will sit alongside the other Ravenscroft funds – Income, Balanced, Growth and Global Blue Chip.
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