Border to Coast launches £1.4 billion listed alternatives fund

Border to Coast Pensions Partnership (Border to Coast) has launched a £1.4 billion Listed Alternatives Fund offering cost-effective access to attractive risk-adjusted returns and inflation protection over the long term.

The fund offers exposure to a diversified portfolio of investments in sectors such as renewable energy, digital infrastructure, specialist healthcare, real estate, private equity, and alternative credit.

These investments will support key long-term structural themes, such as access to 40GW of wind power and 14GW of solar power in the current portfolio to enable the net zero transition.

There are also 160,000 mobile communication towers aligned with the ongoing digital revolution and 2,400 healthcare facilities to support the ageing global population.

“As long-term, responsible investors, we will use our expertise to provide high-quality investment opportunities that tap into themes we expect to shape the future, such as renewable energy generation and transmission, digital connectivity, and urbanisation,” said Ryan Boothroyd, portfolio manager at Border to Coast.

The fund aims to provide a net total return in excess of the MSCI All Country World Index over a rolling five-year period, with lower aggregate costs than traditional private alternative investments.