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Fortis Eyeing New Investors for US$1.2 Billion China Green Fund

Date: February 18, 2010

(Environmental Finance) - Fortis Investments is considering broadening access to its China environmental mandate, into which around $1.2 billion has been raised since its launch in December.

The vehicle was set up at the request of one of Fortis' clients – understood to be Japan's Nomura – which has raised the money from retail investors.

One third of the assets are invested directly into environmental technology companies listed on the mainland, with the remainder via their offshore listings, in Hong Kong or New York, for example.

Speaking at a press briefing today, François Perrin, Fortis Investments' Frankfurt-based head of Asian sustainability strategies, said "there's very strong demand from clients" for sustainable investments in the region.

For more on the Environmental Finance article, visit:
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