GLG Restructures Environment Fund

GLG Partners has revamped its Environment fund.

GLG Partners has revamped its Environment fund, Financial Times reports. The firm has renamed the Dublin-domiciled fund as the Global Sustainability Equity fund with $53 million in assets under management. The fund will now track the MSCI World Index instead of the MSCI Europe Index. The fund will continue to be managed by Jason Mitchell. The Ucits fund will invest in companies and sectors, including healthcare, education services, waste and water management, adds Investment Week.

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