The Hedge Funds Weblog

GLG Partners, the $17bn London hedge fund manager, has launched a long-only fund filtering the greenest companies from its $1.5bn European Equity Strategy.

GLG told investors in a letter on Friday that it planned to start the Environment Fund using the greenest companies in European Equity at the start of March. It will also offset global warming emissions from investments held by its funds using carbon credits and offset programmes. More here.

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