(PRWEB) March 10, 2011
Greenwood International has announced their intention to introduce several new investment products focusing the investment manager’s sights on the ever increasing global demand for all things green. The first to be released is a new fund called the Greenwood Eco (TMI) to be launched in April,2011. Solar and wind, alternative generation and utilities, corporate sustainability, biofuels, automotive, smart grid and water efficiency investments will comprise the majority of the asset classes held within the fund.
The fund will launch with $8 million (USD) in assets and each asset class will be limited to 15% of the total. Solar, corporate sustainability, alternative generation and utilities and smart grid investments will lead the fund with smaller holdings in wind, automotive, biofuels, communications, batteries and environmental services.
In charge of the management will be Lee Hung who has worked with Greenwood International for 11 years with James Archer, the director of equity trading. Overseeing Lee Hung will be a committee with representatives from Japan’s office of climate change and members of the Asia Pacific Environment Committee as well as leading figures from the business communities in both Tokyo and Kuala Lumpur.
In addition to the Greenwood Eco TMI launch, Greenwood International will also be underwriting the launch of a Japanese battery cell manufacturer and the company plans to initiate another “Green Energy” fund with an international group of investment banks by late 2011.
Greenwood International Ltd is part of the Green wood Global Group, providing unique individually structured offshore investment trading solutions to individuals, corporations, trusts, and charitable foundations throughout the European and Asian markets.