Global asset and risk manager Insight Investment has become the latest manager to seek a Guernsey Green Fund designation for one of its funds.
Insight received a Guernsey Green Fund accreditation for its farmland fund, the Global Farmland Fund Limited (GFF), which invests in farming projects worldwide.
Dr Andy Sloan, Chairman of Guernsey Green Finance, the body created to develop green and sustainable finance onn the island, said: “Insight Investment incorporates responsible investment considerations throughout its farmland investment process. Its support for the Guernsey Green Fund standard bodes well for our ambition to create the de facto benchmark for investors in this space.”
The GFF is actively managed, closed-ended and Guernsey-domiciled. It closed to new commitments in February 2013.
The Guernsey Green Fund designation was developed in July 2018 by the Guernsey Financial Services Commission to provide a means of identifying investment vehicles which meet its eligibility criteria for green investing.