number of niche funds grew by one today, when Winslow Management
launched the Green Growth fund to invest in environmentally-sensitive small and mid-cap companies.
"These companies are smarter about their businesses," said Jack Robinson
, president of Winslow Management, in a statement. "They're saving money by not wasting it."
The no-load fund is emphasizing the minimal effect of green investing on performance, including a performance study with the statement.
"My independent analysis has found indications that suggest close ties between environmental performance and superior management in companies," said Ralph Earle
, managing director of the Assabet Group
, a consulting group that helps companies improve their environmental performance. "And our belief is that well-managed companies have the potential to out perform the market."
Winslow Management, a division of Boston-based Adams, Harkness & Hill, has $250 million in assets under management.
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