SEDCO Capital, Lombard Odier launch Shariah-compliant fund

SEDCO Capital, a global Shariah-compliant and ethically led asset management and investment advisory firm, and Lombard Odier, the Swiss private banking and asset management group, have jointly launched the SC LO Global ESG Equities Fund, an ESG-focused and Shariah-compliant UCITS strategy focused on developed market equities. 

The Fund’s composition reflects a convergence of SEDCO Capital’s Prudent Ethical Investment (PEI) approach with Lombard Odier’s investment expertise in the sustainability revolution.  

As such, it will employ a systematic and multi-factor approach that aligns Shariah-compliant and sustainability principles to construct a portfolio with a high ESG score. 

The Fund aims to deliver capital growth through an active asset allocation strategy and careful risk management, with the goal of outperforming the Dow Jones Islamic Market World Developed Total Return Index. 

The Fund will be managed by Saudi-based SEDCO Capital, a global asset management and investment advisory firm, the first Saudi company and the world’s first Shariah-compliant asset manager to have become a signatory to the UN Principles of Responsible Investing (UNPRI) in 2014.  

The investment adviser will be Lombard Odier. Lombard Odier is a B Corp certified group [1] with more than twenty years’ experience developing and refining sustainable investment solutions, and half a century’s commitment to clients in the Middle East.

The Fund will combine SEDCO Capital’s roots of almost 40 years of Islamic finance expertise and its Shariah board with Lombard Odier’s long-established sustainable investment expertise.