First State Investment has launched a new infrastructure-focused strategy, the firm has announced.
The First State Sustainable Listed Infrastructure Fund, which is Dublin-domiciled, was introduced in response to the growing client demand for inflation-protected sustainable income.
The fund will be managed from Sydney by portfolio manager Rebecca Sherlock, who has more than 15 years' investment experience.
In this new approach, Sherlock will invest in listed infrastructure as well as complementing First State’s commitment to responsible investment.
Commenting on the fund launch, Peter Meany, head of global listed infrastructure at First State, said: ‘Our clients are seeking investment solutions that deliver on their commitments to sustainable investing.
‘The launch of the First State Sustainable Listed Infrastructure Fund reflects investor demand for the real income and structural growth of infrastructure assets together with a greater emphasis on meeting sustainability criteria.’