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.