Sustainable funds future for new distribution business
Zanoma Investment Partners will be promoting funds that have expertise in the investment opportunities and risks associated with sustainable and responsible investment to advisers, institutions and wholesale investors.
The business is headed by Tony Klein, who has previously been and adviser in Australia and more recently deputy principal at Westlake Girls College.
Heathcote has a 34% stake in the business and will be providing operational support to Zanoma.
It has two offshore managers on its books so far and is in discussion with others. The initial funds are the Nanuk New World Fund plus the Artesian Green and Sustainable Bond Fund, Women Economic Empowerment Bond Fund and Corporate Bond Fund.
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