Latest News

Home/Latest News
Latest News2021-02-17T16:19:18+00:00

How sustainable funds invest in companies helping to combat COVID 19

How sustainable funds invest in companies helping to combat COVID 19

The Positive Pennine Portfolios were developed in 2016. Their aim is to invest in companies that are making a positive impact on the world.

In the light of COVID 19, we wanted to highlight one of the companies in which the Positive Pennine Portfolios are invested, and the work they are doing to beat the virus.  

Thermo Fisher Scientific, is held by two of the funds that make up the Positive Pennine Portfolios, with a mission of helping to make the world healthier, cleaner and safer. They have recently developed a new diagnostic kit that enables clinical and public health laboratories to quickly diagnose COVID 19. In fact, up to 94 patient specimens can be analysed in under 2 hours.

However, this is only one of the ways in which this company is responding to the challenge of COVID 19.  With many researchers throughout the world working on the holy grail of finding a vaccine for the disease, Thermo Fisher Scientific is a key partner, providing the necessary laboratory equipment and the critical raw materials to carry out this research.

Thermo Fisher might be unglamorous, but it’s an important player in medical research and has also proved to be a highly profitable investment over the medium to longer term.

COVID 19

Source: Thermo Fisher Scientific 14 April 2020. Total return over 5 years to 13 April 2020.

Find out more about the Positive Pennine Portfolios and how they do good and avoid harm.


Investors should remember that the value of investments, and income from them, can go down as well as up. Investors may not recover what they invest. Past performance is no guarantee future results. Any mention of specific securities should not be interpreted as a solicitation to buy or sell specific securities.

Positive Pennine is a trading style of Pennine Wealth Solutions LLP, which is authorised and regulated by the Financial Conduct Authority and is only available through authorised Financial Advisers.

April 16th, 2020|Latest News|

The Sustainability Market Explodes

Blog written by John Fleetwood of 3D investing 

The Sustainability Market Explodes

When Pennine Wealth Solutions launched the Positive Pennine Portfolios in August 2016, sustainability and the consideration of Environmental and Social Governance factors in investment (ESG), was a growing but small part of the investment universe. In 2019 this all changed. 

According to Morningstar, more than €120bn (£101.8bn) was committed to European ESG funds last year driving assets 58% higher in just 12 months, to a total €668bn (£601bn). In the final three months of 2019 this accelerated further with the commitment of £40.4bn.  Last year 360 new sustainable funds were launched in Europe, bringing the total up to 2,405.

Sustainability

Source: Bloomberg, Morningsta

Allocations to passive sustainable funds also grew in 2019, with passive funds now accounting for 21% of sustainable assets across Europe, up from 14% five years ago.  This is being replicated in the US.  Earlier this year, US fund giant, Blackrock, put out a statement that it will double the size of its sustainable ETF (exchange traded fund) range to 150 strategies, and will aim to increase the sums managed in ESG mandates more than tenfold from $90bn to $1tn within a decade.

Another sign of sustainable investing entering the mainstream, was the announcement by Aviva Investors in July 2019 that they would be offering a default sustainable strategy on their workplace pension.

If you invest in the Positive Pennine Portfolios, this doesn’t just mean that you are in good company, but the increasing number of funds is bringing more choice and enabling a wider spread of funds to be held.  This helps to reduce the overall portfolio risk and also sends a message to the market that sustainability matters is set to become a priority for the financial markets in future decades.

If sustainability market is something you are interested in please note that the Positive Pennine Portfolios are only accessible via a Financial Adviser. If you are a Financial Adviser and would like more information about the range of portfolios, please contact Sean Fisher on 07583 241668 or
e-mail 

Investors should remember that the value of investments, and the income from them, can go down as well as up. Investors may not recover what they invest. Past performance is no guarantee of future results. Any mention of specific security should not be interpreted as a solicitation to buy or sell specific security.

Positive Pennine is a trading style of Pennine Wealth Solutions LLP, which is authorised and regulated by the Financial Conduct Authority and is only available through authorised Financial Advisers

 

April 2nd, 2020|Latest from John Fleetwood|

Positive Pennine’s new website lifts the lid on sustainable investing

Positive Pennine’s new website lifts the lid on sustainable investing

Positive Pennine have leapt into 2020 with an educational and engaging new website that focuses on sustainable investing and its global impact. Aimed at both Financial Advisers (FAs) and their customers, the website explains the social responsibility behind Positive Pennine portfolios, and how customers can influence where their money is invested.

The 17 Sustainable Development Goals

All Positive Pennine portfolios are aligned with the United Nations’ Sustainable Development Goals (SDGs). There are 17 global goals that the United Nations are committed to achieving by 2030, which include good health and wellbeing, affordable and clean energy, and sustainable cities and communities.

Achieving the SDGs requires investment and global awareness. The aim of the Positive Pennine website is to promote the positive impact of sustainable investing, and encourage both FAs and their customers to invest in funds that support the 17 SDGs.

Do good, avoid harm, make money

The website explains Positive Pennine’s three main principles of investing: “Do good, avoid harm, make money”. These principles are the backbone of the stringent grading system that determines which funds can be included in a Positive Pennine portfolio. The result is a wide range of portfolios that invest in companies, industries and projects that are addressing global problems and having a positive impact

As a customer, you can choose where to invest

Our  message to the customers of FAs is that you have a choice about where to invest your pensions, investments and savings. You can ask your FA to work with Positive Pennine to offer sustainable funds as part of your investment portfolio. Rather than investing your money in companies or projects that harm the environment, endorse gender inequality or exploit poorer nations, you can invest in global social change.

Impressive return on investment

We fully appreciate that the point of investing is to make money, and the job of an FA is to get you the best return possible, based on your attitude to risk.

The website explains that by choosing a Positive Pennine portfolio, not only would your FA be helping you to join a global movement towards investing in projects and companies that meet your ethical principles, you would also be investing in funds that offer impressive returns.

Positive Pennine portfolios include fixed interest funds, infrastructure investments, and share-based funds investing in all major regions of the world. The performance of the funds is in no way diluted by offering sustainable investment.

Your next steps

We have a community of trained and approved Financial Advisers across the North West, who understand sustainable investing. If you would like to be put in touch with an approved adviser, visit our website: www.positivepennine.co.uk.

March 9th, 2020|Latest News|

How low can you go?

Achieving a low carbon future

If you’ve taken any notice of the news in recent months, or experienced any of the exceptional weather, you will be aware of climate change. In the UK, we recorded our hottest day according the Met Office, having recorded an all-time daily temperature of 37.7C (101.7F) on Thursday the 25th July 2019. The Met Office also confirmed that the UK’s  10 hottest years have occurred since 2002. This can be attributed to the amount of carbon dioxide in the atmosphere.

What, if anything, is being done to combat this?

The Paris Agreement was a landmark agreement to combat climate change and increase the actions and investments required for a low carbon future. The main goal is to coordinate a global response to climate change by limiting a global temperature rise by 2 degrees Celsius above pre-industrial levels. The agreement was signed by 196 members of the United Nations Framework Convention on Climate Change (UNFCCC). The UK has recently pledged to be carbon neutral by 2050, however it will be a daunting task.

How does this relate to me?

Well, the average person in the UK directly emits 10 tonnes of carbon dioxide per year. This is broken down by 5.7 tonnes from transport; how we go about our weekly tasks, traveling to work, getting the shopping in, flying away on holiday. A further 2.7 tonnes from heating with natural gas; making sure we are comfortable during winter in our homes. And an additional 1.6 tonnes from electricity usage in the home; watching our favourite TV shows, surfing the net, lighting our homes.

Source: www.carboncalculator.co.uk/averages.php,June2019

What can you do to reduce your personal carbon footprint?

Looking at electricity usage first, switching to a 100% renewable provider can be done today. There is an ever increasing choice of these providers and often it can be done for the same pricing tariffs. This will save 1.4 tonnes off your carbon footprint.

As to your heating usage, making sure your home is properly insulated can save a further 0.5 tonnes of carbon emissions, and although it may cost initially, the savings in heating costs will offset that in the future.

The transport aspect may be a little more long term, but switching to an electric vehicle, having your weekly shopping delivered, taking less airline flights will also save a significant amount of carbon emissions. Within our working life, using technology can be easily implemented, by using apps such as Skype instead of traveling to meetings, if possible being able to work from home rather than commuting to an office.

Source: www.carboncalculator.co.uk/averages.php,June2019

What can Pennine Wealth Solutions do?

Through our Positive Pennine Portfolios, we invest in companies that are helping to make the world a cleaner and more sustainable place. There are a growing number of companies and industries that are coming up with creative and sustainable ways in which they manufacture, deliver products, and ultimately provide solutions to reducing carbon production, which by the very nature, goes a long way in helping all of us reach the goals set out in the Paris Agreement.

Below are a couple of examples of company stocks held within the portfolios;

SIEMENS GAMESA renewable energy; Companies such as this large wind turbine manufacturer are set to benefit from the demand for its products over the next few years and beyond. These large wind turbines are very impressive; the blades are 170m in diameter, putting that into perspective, it would take Usain Bolt nearly 16 seconds to sprint across one.

KINGSPAN; This company produce thermal insulation, which helps cut the amount of energy needed to heat the buildings in which we live and work. Starting out as a small engineering company in the 1960’s, Kingspan are pioneers in insulation and building envelope technology. They hold energy conservation at their core and have committed to achieving 100% net zero energy by 2020.

These are just two examples of what companies are doing to help achieve the carbon goals, and as a result of efficiencies in processes and demand for their products, they also make a very good case from an investment return point of view.

At Pennine Wealth Solutions we are very aware of the benefit of being a Northwest firm. Therefore, although through our investment process we have a global reach, locally we aim to educate and inform financial advisers and their clients of these climate issues and solutions through our quarterly investor seminars, where the subject of sustainable investing is always on the agenda.

If you would like to attend a seminar, or would like any further information on our Positive Pennine Portfolios and how investing in them can go some way to helping achieve the carbon goals, please get in touch.

February 25th, 2020|Latest News|

Last Choir Singing

Last Choir Singing LogoLast Choir Singing is a singing competition for junior schools across Lancashire. The competition has been running for six years and in that time has reached 150 junior schools within Lancashire, with over 8,000 children taking part.

We are delighted to have been supporting Last Choir for the last six years and again this year.

February 6th, 2020|CSR|

Brian House Children’s Hospice

brian house logoBrian House provides respite, palliative and end of life care for children and young people with life-limiting conditions. Caring for youngsters both during the day and overnight, also supporting families at every step of what can be an unpredictable journey.

We began to support Brain House in 2019, and we are currently working towards raising enough money to pay for one day running costs. It costs the hospice £3,597.90 every day to run all their care services.

February 6th, 2020|CSR|

Latest News

Book a Seminar

Positive News – Sign up Now

Add your details to receive our Newsletter

By entering your details, you are giving consent to use your information to contact you.

Positive Pennine – Investments that don’t cost the Earth
Call us on: 0800 161 5052

Go to Top