Brown Advisory has launched a Sustainable International Leaders strategy, an actively-managed strategy focussing on leading companies outside the US with "sound ESG practices".
According to the $140bn Baltimore-based firm, the strategy will select companies that outperform and have stringent ESG risk management practices, as well as sustainable business advantages.
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It will seek to outperform the FTSE All-World ex-US index while making a positive impact on environmental and social issues.
Priyanka Agnihotri, who acts as sole portfolio manager on the strategy, said: "Like all our strategies, it will be managed through a long-term lens and provide exposure to high-quality, sustainable businesses outside of the US."
"I view a company's ESG risk management and sustainable business advantages as a material component of its ability to compound returns, while generating environmental and social impact."
The strategy is available to US investors as a mutual fund (ticker: BISLX), and to global clients via a separate account, as well as to investors with existing exposure to US equities seeking global equity exposure.
It will invest in 25-35 companies in emerging and developed equity markets, excluding the US, with a market cap of above $2bn.
The fund will build on the investment philosophy of the firm's Global Leaders Equity strategy, managed by Mick Dillon and Bertie Thomson.
