Fri, Aug 26, 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. Opalesque Exclusive: Algorithms platform aims to target typical challenges found in quantitative hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Last month, Quantopian received investments from Point72 Ventures, the new venture capital arm of Steven Cohen’s Point72 Asset Management.

  2. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  3. Asia - LGT Capital Partners: Alternatives set for continued rise in Asia[more]

    From Asianinvestor.net: More flows are likely into insurance-linked strategies, private equity and trend-following strategies/CTAs, given the benefits of such investments, argues LGT Capital Partners. Despite the numerous quantitative easing programs and bailouts of recent years, the quest for

  4. Opalesque Roundtable: Low and high fee investments often better than mid fee hedge funds[more]

    Komfie Manalo, Opalesque Asia: Hedge funds that charge the low and high fees stuff often provide better returns than "those sort of mid-fee investments", said Keith Haydon, chief investment officer of Man FRM. (Alternative) investment managers who charge high fees would often provide the most int

  5. Hedge fund investors pull $5.7 billion in July[more]

    From Bloomberg.com: Hedge funds suffered a third consecutive month of outflows in July as investors withdrew $5.7 billion, according to industry tracker Eurekahedge. Redemptions totaled $20.7 billion in the three months through July, with money managers betting on equities suffering $18.4 bill