Founder & CEO
Menhaden Green Investment Trust
Volkswagen might not be a stock you would expect to see in the portfolio of the UK Social Stock Exchange’s only investment trust. In June, however, Menhaden Capital ... initiated a position in the troubled carmaker. Goldsmith argues it is about buying into trajectory as Volkswagen focuses on becoming the world’s largest electric car manufacturer. He says: “We think Volkswagen on its current price to earnings is a better way to play that trend than some of the newbies.”
Ben Goldsmith of Menhaden Capital defined impact investing “quite simply as investing in companies, projects and other entities that, as well as representing significant investment opportunities, deliver sustainability benefits, such as helping to reduce environmental and/or social harm”.