Schroders launches renewable vitality long-term asset fund

Schroders has launched the UK’s first long-term asset fund devoted to renewable vitality and vitality transition infrastructure.

The funding supervisor stated the fund would enable UK pension savers to spend money on the asset class while benefiting from steady, diversifying and inflation-linked funding returns.

The Schroders Greencoat World Renewables+ Lengthy-Time period Asset Fund was launched this morning by renewables specialist arm of Scroders Capital.

The fund will goal infrastructure supporting the vitality transition throughout the UK, US, and Europe, offering entry to enticing, long-term investments in non-public markets.

It should deploy capital throughout wind and photo voltaic belongings, in addition to a variety of vitality transition belongings together with hydrogen, heating and storage.

Schroders Greencoat launched the UK’s first long-term asset fund (LTAF) final 12 months, the Schroders Capital Local weather+ LTAF.

The funds are a part of the agency’s suite of semi-liquid funds, which supply extra liquid and operationally easy entry to personal belongings investments.

The brand new fund can be managed by Schroders Greencoat alongside its Luxembourg-domiciled sister fund, the Schroders Capital Semi-Liquid Vitality Transition Fund, launched in January.

Tim Horne, head of UK institutional outlined contribution at Schroders, stated he expects the fund to be well-liked with DC pension funds.

He stated: “With the DC market anticipated to make materials investments into non-public markets over the approaching years, the flexibility to entry devoted renewable vitality and the vitality transition publicity is a lovely and extremely diversifying potential addition to DC members’ portfolios.

“It’s thrilling to have the ability to provide DC members and different buyers entry to those belongings, which meet each their want for steady long-term returns and sustainability objectives.”

LTAFs are regulated, open-ended funding autos designed to allow a broader vary of buyers, with longer-term horizons, to take a position effectively in illiquid and personal markets. Their construction is designed for the UK outlined contribution, outlined profit, and UK charities markets.


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