The change was made early this month and the fund’s investment strategy and policies have not changed.
The fund aims for long-term gains from companies that respond positively to climate change and environmentally sustainable practices.
Thomas, who is also Jupiter’s head of strategy for environment and sustainability, says the range of companies that ecologically minded funds can invest in has grown over the 25 years he has run such funds.
“While the early pioneers may have been concentrated in Europe and North America, firms have now sprung up across the globe offering innovative solutions to a broadening range of environmental issues including energy efficiency, water infrastructure, waste management, sustainable food production and pollution and environmental control services,” he explains.
“The fund’s new name captures this expanded realm of opportunities available to the investor,” he adds.
The Global Ecology Growth Sicav was launched in 2001 and has returned 94.5 per cent over the 10 years to 31 December.
Thomas says sustainable investments will benefit this year from progress on global and local climate change policies stemming from an Intergovernmental Panel on Climate Change report linking humanity to the planet’s changing climate.