Inflection Point Capital Management, the London- and Toronto-based asset manager, is tapping into the new generation of high and ultra high net worth BRIC entrepreneurs, who the firm claims are “busy re-inventing corporate practice in these dynamic economies while building new wealth”.

“We will see the largest intergenerational transfer of private wealth in history take place over the next 15 years,” said IPCM founder, Dr Matthew Kiernan.

Dr Kiernan explained that, importantly, the new creators and inheritors of this wealth are “much more attuned” to the emerging sustainability trends and challenges surrounding issues such as climate change, energy security, resource depletion, pollution and supply chain. “BRIC entrepreneurs live the reality of these threats to their businesses and hard-won wealth on a daily basis.”

Supporting its international efforts, IPCM has partnered with former United Nations head of finance, Paul Clements-Hunt, who joins as a global advisor. 

HNW/UHNW communities increasingly based in BRIC economies

In terms of assets, Dr Kiernan highlighted that new members of the HNW/UHNW global community are increasingly based in the dynamic BRIC economies - where there is a much more open attitude to sustainability-enhanced investing. In light of this, Dr Kiernan and Clements-Hunt believe now is the time to reinforce the sustainability investment message to asset owners and the HNW/UHNW community in the BRICs. 

IPCM notes how growing pools of capital-seeking yield and new approaches to investment post-financial crash are “increasingly receptive” to the sustainability message. 

“For those watching keenly, the sustainability momentum in the BRICs is significant,” Clements-Hunt said. “For example, China has embedded sustainability into the heart of its twelfth five-year plan, which runs to 2015,” he added. “At the same time, the country has a rapidly expanding high net worth community which is increasingly sensitised to the impacts of pollution and rapid urban development.”