New wave of water funds list on the ASX
- From: Vol 8, Issue 6 (June 2007)
- Category: General
- Region: Asia
- Country:
- Related Companies: Aqua America, Credit Suisse, Ebara, MFS, Severn Trent, Suez, Toray Industries and Veolia
Australia is catching on to the idea of water funds. There is a distinct lack of domestic companies to invest in.
On the first of June, one of the newest ventures on the Australian Securities Exchange went live, as the Credit Suisse PL100 – World Water Trust (WWT) fund commenced trading. The managed fund was launched in March via an IPO which raised A$112.9 million, and will invest in the water industry through companies which have extensive experience in the ...
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