Liontrust has promoted Chris Foster to fund manager of three of its sustainable equity funds
Foster joined the firm in 2013 as an investment analyst responsible for research into financial themes and stocks.
His promotion means he will join Simon Clements and Peter Michaelis, who is also head of sustainable investment, in lead management duties on the Sustainable Future (SF) Global Growth, SF Global Growth and SF Managed Growth funds.
Commenting on his new role, Foster said: “This is an exciting time for sustainable investment, which is becoming part of the mainstream as people realise the social and investment benefit it can provide.
“I look forward to continuing to work with Simon, Peter and the rest of the team on the funds, identifying transformative themes that will shape the global economy of the future and the stocks that will benefit from them.”
Michaelis added: “Chris’ deep understanding and insights have been a tremendous asset to the team for many years and taking on fund manager responsibilities will further enhance his contribution.”
The Liontrust sustainable investment team consists of 14 members and run £5.3bn in assets under management, as at 31 December 2019. They recently set a challenge for the companies it holds in its equity and bond funds to ensure that they reduce their absolute carbon emissions to zero, in order to help limit global warming to 1.5 degrees.