BlueOrchard Finance AG has reported stable results for the first half of the year and expanded its position as the largest microfinance asset manager.
BlueOrchard’s growth extended beyond all strategies and products, building on a strong investment pipeline and an expansion of the investor base with new investors from the US, Sweden and Japan. All of BlueOrchard’s strategies and products address the UN Sustainable Development Goals.
Since the fourth quarter of 2017, BlueOrchard has provided access to financial services to another 2 million low-income individuals – the company has so far invested more than $5bn in 80 developing and emerging countries and supported more than 37 million people.
The company has opened office in Singapore to strengthen its long-standing presence in the Asia-Pacific region.
In addition to the existing AIFM license, BlueOrchard’s Luxembourg branch has been authorised by the Luxembourg financial regulator CSSF to act as Ucits manager. The Ucits license allows BlueOrchard to further expand the range of investment opportunities. With the introduction of a Ucits fund, BlueOrchard is responding to an increasing demand from investors for liquid microfinance strategies.
Patrick Scheurle, chief executive officer of BlueOrchard: “With the Ucits license, we can now launch appropriate funds to respond to the growing demand for UCITS compliant investment investing solutions. We will analyse the social and environmental performance of investments through a modified version of our industry-recognized SPIRIT tool for social ROI assessment.”