Athymis CEO announces further launch of SRI fund

Stéphane Toullieux, chief executive officer of Paris-based boutique Athymis Gestion, has revealed in a recent newsletter that the firm has asked the French regulator AMF its agreement for a new fund called Athymis Better Life.

The responsible investing fund will invest in companies that contribute to build a better life worldwide according to the manager. Athymis’ CEO suggests healthcare, renewable energies and new consumption trends will be among sectors the team will consider for investments. Some sectors could be part of an exclusion policy as well.

It is understood part of the returns generated by the fund will serve to finance charity projects.

In the newsletter, Toullieux said that the positions of US president Donald Trump on environmental and healthcare issues have shocked.

He added that if the SRI offering was already strong in the market, the approaches taken by these funds were not satisfying for Athymis Gestion.

ABOUT THE AUTHOR
Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

Read more from Adrien Paredes-Vanheule

preloader
Close Window
View the Magazine





You need to fill all required fields!