Thu, Jun 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Sustainable Resource aims to protect its investment by protecting the environment

Tuesday, October 09, 2012

amb
Michael Young
From Komfie Manalo, Opalesque Asia:

Sustainable Capital Luxembourg S.A, - Advisor to the Sustainable Resources Fund, wants to live upto its name. In an interview with Opalesque Radio, Michael Young, Director at Sustainable Capital Luxembourg S.A said the fund has "solutions in place" to address the issue of land grabbing and proper land use for all its portfolios.

The recently launched fund wants to invest in sustainable agriculture and agroforestry as an asset class and therefore wants to protect its investments by protecting the environment. "We do not invest in any species that damage the land because that will make our investment unsustainable," Young said and added, "Our clients will not invest in funds that are based on speculative returns that damage the environment. That is not what we are trying to achieve."

Commenting on the issue of land grabbing especially in Africa where an estimated land area the size of France is now being controlled by hedge funds, Young said he and his team have been working with the locals in Guinea, West Africa and in Sierra Leone to reach a mutually-acceptable and beneficial agreement regarding land use. According to Young, his fund is looking to lease at least 100,000 hectares of land in the region. Which is why they spent three years liaising with the locals over a land lea......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  2. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  3. Chesapeake Partners to liquidate hedge fund amidst 'hostile environment'[more]

    Komfie Manalo, Opalesque Asia: Chesapeake Partners Management, the hedge fund run by woman fund manager Traci Lerner said it would return investors’ money after 25 years because the market environment has become "hostile" to manage other people’s money, reported

  4. Europe - George Soros says Brexit has ‘unleashed’ a financial markets crisis, Brexit—what we know, Will the UK’s departure be a ‘soft-Brexit’ or a ‘hard-Brexit’?, Brexit: Six-point action plan for asset managers[more]

    George Soros says Brexit has ‘unleashed’ a financial markets crisis From Bloomberg.com: Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Bruss

  5. Hedge Fund Due Diligence Exchange offers complete due diligence reports at $1500[more]

    Matthias Knab, Opalesque: HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each.