Lombard Odier IM launches Alternative Sustainability Fund

Lombard Odier Investment Managers has expanded its alternative fund range with a new, onshore UCITS regulated fund, offering a market-neutral equity strategy with a focus on sustainable investing.

The LO Funds – TerreNeuve fund is a Luxembourg-based version of an offshore domiciled fund which has produced 7% net returns since launch in April 2018. It will follow the same investment process and be managed by Arnaud Langlois, who runs the offshore version already. The fund will take a bottom-up approach, focusing on sectors such as global consumers, agriculture, chemicals, environmental and medical technologies. As well as looking at long-term drivers of value, the strategy applies a sustainability rating system to analyse ESG themes. The fund’s portfolio manager, Arnaud Langlois, commented: “In a world where growth is scarce and often overestimated, we think true growth companies will be increasingly rewarded by the market, and companies strategically positioned to address key environmental and social opportunities or challenges should be amongst the biggest beneficiaries.”