Hamersley Partners

Essex GEOS

“We believe that environmental investing is sustainable, is not a fad, and that over the long-term, companies positioned to benefit from climate change action will deliver sustainable earnings and therefore, strong stock price appreciation.”

– Bill Page, Co-Portfolio Manager

Essex Global Environmental Opportunities Strategy

The Essex Global Environmental Opportunities Strategy (GEOS) operates at the nexus of environment and finance, investing in companies that enable greater natural resource and energy efficiency. GEOS is a listed-equity, global, all-cap strategy investing across nine environmental technology themes in long-only fashion with about 40 holdings. GEOS is clean technology and energy infrastructure-focused, with companies that exhibit generally-high growth rates. The Strategy is benchmarked to the MSCI World Index with the addition of the Wilderhill Clean Energy Index for comparative purposes.

 

“As 2015 comes to a close, we find ourselves asking an existential question: can one achieve competitive returns while investing in clean energy technologies that have the potential to substantially change the world.  We are prompted to consider this question as the Wilderhill Clean Energy Index was down a little more than -10% for the year 2015, the fifth time in the last six years that this Index has ended the year in negative territory.  This, during a period that has been favorable to the overall stock market – the MSCI World Index is up more than 186% since it bottomed in March 2009 following the financial crisis.  The good news is that, despite the significant headwinds buffeting the clean energy sector, Essex’s Global Environmental Opportunities Strategy (“GEOS”) has performed substantially better than the Wilderhill Clean Energy Index since the inception of our Strategy in mid-2009.”

GEOS Factsheet Q4_2016
Essex GEOS Q4 2016 Presentation
Q4 2016 GEOS Quarterly Review and Outlook
Press Release – Full Text