"Longer term, the International Energy Agency (IEA) is expecting 35% of global car sales to be electric compared to the previous forecast of 25%. In the meantime, we are seeing increased competition in the EV market [...] and so we see the EV market as a very attractive long-term growth market."
Although last year proved a challenging year for sustainable investment strategies, with the market environment not favouring them as it has done before, long-term sustainable funds continue to peak investor interest, attracting £4.1billion in Q1 2023, according to data from Refinitiv Lipper.
This week, Jock Glover was joined by Ty Lee, one of the Fund Managers of the FP WHEB Sustainability fund, which has received a Responsible AA and 3D Gold rating. In this short episode, Ty shares how the team at WHEB are capturing sustainability growth in their portfolio, from clean energy and transport to safety and education, before arguing why electrifying big industries could be a game changer and the growth in the EV market is one to watch.
Listen to the Behind the Screens on your favourite platform here, or listen below.
Don't have time to listen to the full episode, jump to your favourite part:
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1:10 - Should investors be concerned after 2022's performance of sustainable funds
- 3:30 - How the team at WHEB split their time as co-fund managers
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7:30 - WHEB's 9 themes of sustainability
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9:10 - Industry game changers and future opportunities
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13:50 - An interesting statistic from the week
This podcast was recorded on Thursday 11th May 2023. This podcast is only aimed at professional advisers and regulated firms and should not be passed on to or relied upon by any other persons. It is not intended for retail investors, who should obtain professional or specialist advice before taking, or refraining from, any action on the basis of the podcast, remembering past performance is not an indication of future performance. It is published by, and remains the copyright of, Square Mile Investment Consulting and Research Ltd. Square Mile makes no warranties or representations regarding the accuracy or completeness of the information contained herein. This podcast represents the views and forecasts of SM at the date of issue and may be subject to change without reference or notification to you. Nothing in this podcast shall be deemed to constitute a regulated activity or an invitation or inducement to engage in investment activity and it is not a recommendation to buy or sell any funds or investments that are mentioned during this podcast.