5 Top Hedge Funds Focusing on ESG and Impact Investing

1. Generation Investment Management

Generation Investment Management is placed first on our list of 10 top hedge funds focusing on ESG and impact investing. It is a hedge fund headquartered in London with a portfolio value of close to $24 billion. Most of the investments of the fund are concentrated in the technology, healthcare, and finance sectors. The fund is managed by David Blood And Al Gore. Al Gore, a former US presidential candidate, is one of the leading climate rights activists in the world and his hedge fund has a keen focus on firms working in this area.  

David Blood of Generation Investment Management

One of the top holdings of Generation Investment Management is Cisco Systems, Inc. (NASDAQ: CSCO), the technology based in California. Out of the hedge funds being tracked by Insider Monkey, London-based investment firm Generation Investment Management is a leading shareholder in Cisco Systems, Inc. (NASDAQ: CSCO) with 23 million shares worth more than $1.2 billion. 

In its Q1 2021 investor letter, ClearBridge Investments, an asset management firm, highlighted a few stocks and Cisco Systems, Inc. (NASDAQ: CSCO) was one of them. Here is what the fund said:

“Also in IT, we added Cisco Systems, which provides IT and networking services in the form of network security, software development and cloud computing. Cisco continues to derive over 50% of its sales from on-premise deployments of its products of enterprise and small and midsize customers, while recurring revenues from software are becoming a larger part of the mix. Return-to-office enterprise spending should offer upside to its core campus business. Cisco was an early technology leader in sustainability over two decades ago, through its Internet-connecting capabilities which supported live concerts in partnership with the United Nations Development Program to raise awareness and funds to fight poverty. Cisco has very strong environmental standards (including driving lower energy consumption in IT departments through new product innovations and a longstanding goal to reduce emissions and reliance on non-renewable energy sources). Its data privacy and supply chain management policies are best in class.”

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