One of the clean tech areas of the future is Water. Allianz has launched a new fund which will target this area across the world.
“Less than 0.007% of all the water in the world is potable, or safe for consumption,1 yet the demand for fresh water is steadily increasing,” said Bozena Jankowska, portfolio manager of the Allianz RCM Global Water Fund. “Solving this global water challenge demands a long-term effort from institutions around the world which we believe will require significant investment from the private sector.”
The Fund will seek long-term capital appreciation by investing in a portfolio of companies that are substantially engaged in water-related activities that relate to the quality or availability of or demand for potable and non-potable water. The following are included among these activities: