Legal & General Investments (LGIM) has partnered with Osmosis Investment Management to float the Global Environmental Enterprises fund, What Investments reports. The passively-managed fund will track the Osmosis Climate Solutions (OCS) index.

The new offering will be managed by Robert Dowling, who also runs LGIM’s Global 100 Index trust and the Global Emerging Markets Index fund, adds Investment Week. The fund’s portfolio will be divided into three different sectors, energy efficiency and energy management, low carbon energy production and water, waste and pollution control.

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