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Dr Laurent Lavigne du Cadet - Amwal CEO |
- Performance Environment, since inception in 2004 is the best performing mutual fund dedicated to the environment
- Amwal will distribute the fund starting December 2007
Amwal, Qatar’s leading investment banking and asset management firm has been mandated as exclusive distributor in the GCC of Performance Environment, the best performing mutual fund dedicated to the environment according to ‘Morning Star’ a leading mutual funds ranking Company. Amwal will distribute a reserved Tranche of the fund starting December 2007.
Scientists around the world agree that humans have changed most ecosystems beyond recognition in a dramatically short period of time. Amwal believes that it is in its duty to bring to GCC investors performing financial products that could be part of the answer to challenge the global environmental crisis.
Amwal decided therefore to team with a specialist of Socially Responsible Investments, the French fund manager Financiere de Champlain who has successfully managed Performance Environment a listed Euro 400 million equity fund, invested in more than 2,000 European listed entities and covering three major sectors that Amwal is willing to promote: renewable energies, water treatment, and waste recycling.
