Switzerland-based investment bank Credit Suisse launched its first oceans-focused impact fund valued at $212 million (€175 million) with the aim of investing in 30 to 50 aquaculture and fishery stocks and steering them away from ocean-harming practices.
The investment bank launched the fund in September partnering with environmental, social and governance (ESG) asset management firm Rockefeller, engaging both retail and institutional investors in a "blue economy," said Rolando Morillo, Rockefeller asset management co-portfolio manager.
