LGIM launches world’s first hydrogen ETF
New index-tracking fund provides investors with exposure to the entire clean hydrogen value chain
Legal & General Investment Management (LGIM), the tenth-largest investment firm globally, has launched the first hydrogen exchange traded fund (ETF) to provide investors with access to the full hydrogen value chain. There have been only limited opportunities for investors to gain exposure to the whole hydrogen value chain to date, and no opportunities to invest in low-cost index-tracking funds that attract the majority of new investment flows. HydrogenOne Capital is preparing to launch an actively managed fund that invests in both listed and unlisted assets, but it is too early to invest. The L&G Hydrogen Economy UCITS ETF will target companies with a minimum market cap of $200mn, in
Also in this section
24 April 2024
Demand for energy purposes to outpace feedstock applications by the 2040s as government policies drive consumption, says DNV
24 April 2024
Danish firm joins growing list of European electrolyser manufacturers establishing production in US as IRA incentives prove strong draw
19 April 2024
UAE renewables developer weighs opportunities to join green hydrogen projects in US and Canada, Andreas Bieringer, director of green hydrogen business development and commercial, tells Hydrogen Economist
17 April 2024
Building green hydrogen ports and lower production costs key to becoming global exporter