Fulcrum’s macro capability adds unique top-down influence to IAP’s decarbonisation impact solutions
SYDNEY, 18 SEPTEMBER 2025
Fulcrum Asset Management (Fulcrum) has been selected to join IAP’s panel of specialist investment managers to build climate-aware Multi-Emulation Portfolios* (MEPs) in global equities.
MEPs are designed to provide IAP clients the benefits of combining world-class specialist managers into one integrated portfolio that targets further improvements in portfolio outcomes with greater simplicity.
Founded in 2004, Fulcrum is a highly innovative, independent asset manager offering a broad range of investment capabilities. Headquartered in London, the firm also has offices in the United States and Australia. Fulcrum’s heritage in macro strategies and research remains central to its business today, where it offers three capabilities: Discretionary Strategies, Alternative Solutions and Quantitative Strategies.
Andrew Huang, CEO and Head of Investment Solutions & Partnerships: “Fulcrum’s macro driven capabilities will provide a unique top-down influence in our clients’ portfolios, which contrast with bottom-up only approaches elsewhere in impact investing. Augmenting the portfolio with top-down macro input to bottom-up stock selection is valuable in a time of greater geopolitical uncertainty.”
Joe Davidson, Managing Partner, Fulcrum Asset Management: “Impact Alpha Partners has demonstrated a commitment to delivering alpha for clients while ensuring that sustainability is built into portfolios from the ground-up. This is exactly the approach Fulcrum has taken in our climate-aligned global equity strategies which we have successfully integrated into our broader portfolios. We very much look forward to being a part of IAP’s Multi-Emulation Portfolios and working as a strategic partner to them and their clients.”
Fawaz Chaudhry, Head of Equities at Fulcrum added: “Our strategy provides a way for asset allocators to climate-align a major part of their equity allocation while maintaining a highly diversified exposure across sectors and regions. We will work closely with Impact Alpha Partners and we are excited to be a part of their innovative offering.”
Founded in 2023, IAP’s continuing mission is to drive impact and alpha outcomes for investors. By consistently delivering this, IAP believes they can accelerate the transition to a more resilient world.
Huang concluded: “Fulcrum’s additional strengths in climate research and strong ties to leading academics in the field of climate science, make them a great complementary partner on our panel.”
* IAP is engaging with prospective clients to test the naming of our innovative approach to targeting improvements in further portfolio outcomes in addition to combining the expertise of specialist managers. The term “Multi-Emulation Portfolio” (MEP) is currently under consideration and may evolve as we continue testing.
Further enquiries:
Andrew Huang
M: +61 432 388 964
E: ahuang@impactalphapartners.com.au
About Redwheel
Redwheel is a specialist, independent investment manager founded in 2000, with an active investment heritage. The business provides an environment where exceptional fund managers can operate with autonomy and maximise the benefits of their skills over the long-term. Redwheel’s eight specialist teams manage over $20 bn (as of August 31, 2025) across Sustainable & Thematic Equities, Active Engagement, Emerging Markets, Value & Income, and Convertible Bonds for leading global institutions and advisors.
About Impact Alpha Partners
Our mission is to accelerate the transition to a more resilient world, by consistently delivering better impact and alpha portfolio outcomes for investors. We re-engineer and build improved climate-aware investment solutions by bringing together the benefits of world-class strategic partnerships integrated into singular portfolio solutions. Based in Sydney & Melbourne, we are a committed and intellectually diverse team of investment thought-leaders and innovators with almost 100 years of collective experience between us.
General disclaimer
This material has been prepared by Impact Alpha Partners Pty Ltd (ABN 39 669 616 460) (‘Impact Alpha Partners’, ‘us’ or ‘we’). Impact Alpha Partners is a corporate authorised representative CAR No. 1306616) of Sandford Capital Pty Limited (ABN 82 600 590 887) (AFSL 461981) (‘Sandford Capital’). The material is for general information only and is not an offer for the purchase or sale of any financial product or service. The material has been prepared for investors who qualify as wholesale clients under sections 761G of the Corporations Act or to any other person who is not required to be given a regulated disclosure document under the Corporations Act. The material is not intended to provide you with financial or tax advice and does not take into account your objectives, financial situation or needs. Although we believe that the material is correct, no warranty or accuracy, reliability or completeness is given, except for liability under statute which cannot be excluded. Please note that past performance may not be indicative of future performance and that no guarantee of performance, the return of capital or a particular rate of return is given by Sandford Capital, Impact Alpha Partners or any other person. To the maximum extent possible, Sandford Capital, Impact Alpha Partners or any other person do not accept any liability for any statement in this material.
