Waste management companies listed on the stock exchange are the investment target of a climate change fund that has been set up by F&C Asset Management (F&C). The fund has widened its portfolio to include shares in companies that provide technologies and systems to reduce greenhouse gas emissions. The funds co-manager Sophie Horsfall said: Climate change is going to have a revolutionary impact on the global economy and our new fund will offer investors significant growth potential by picking companies who harness the opportunities from this change. Our investment scope is considerably broader than an alternative energy fund, with nine clear growth themes driven by climate change. An F&C spokesman added: The F&C Global Climate Opportunities Fund will seek to identify the companies best positioned to develop leading technologies, products and services aimed at mitigating or adapting to the effects of climate change, with out any negative screening or regional benchmark restrictions. The nine investment themes are intended to address the development of alternative energy industries and identifying the broader technologies, support systems and advanced materials that affect emissions reductions. Themes are divided in to three different segments: Mitigation: Alternative Energy, Energy Efficiency, Sustainable Mobility, Waste, Advanced Materials and Forestry & Agriculture Adaptation: Water and Acclimatisation Supporting services: including carbon trading, consultancy and other related areas.