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Magazine Issues » December 2022

2022 Funds Europe Award winners

European Fund Launch of the Year

Winner – WisdomTree

This year marked a treble of victories for the ETF specialist in the fund launch category. WisdomTree has developed a reputation for launching innovative funds and this year was no different.

Fund Launch, Ravinder Azad

The WisdomTree Carbon ETP was launched to give investors exposure to the EU’s emissions trading scheme, which has become the world’s biggest market for trading carbon emission allowances and serves as the cornerstone of the EU’s strategy for mitigating climate change and achieving carbon neutrality. It also provides exposure to a corner of the ESG market that investors have traditionally found difficult to access.

The fund was listed on the London Stock Exchange in August 2021 and captured $200 million of net inflows in its first three months

The success of the launch was in part due to an effective marketing campaign that used digital marketing, social media, advertising and PR to promote the fact that the WisdomTree Carbon ETP is Europe’s only fully collateralised carbon ETP.

Shortlisted

JP Morgan Asset Management – The JPM Climate Change Solutions fund launched with the objective of standing out in a crowded marketplace. The launch has been successful according to a number of metrics. Firstly, it has enjoyed a growth in assets, with a 100% increase in assets under management and virtually no outflows in the past 12 months.

Osmosis Investment Management – The UK fund manager’s fund focused on an incredibly important and timely topic – resource efficiency. The Osmosis Resource Efficient (ex-fossil fuels) fund launched in February 2021 and had raised $550 million as of the end of June 2022. The judges were especially impressed by the firm’s approach to developing the fund, which was done in partnership with the Ikea Foundation, one of the fund’s main investors.