Royal London Asset Management (RLAM) announces the launch of its Global Sustainable Equity Fund, as well as the hire of George Crowdy who will co-manage the fund with Mike Fox, Head of Sustainable Investments at RLAM.
George joins RLAM following 10 years at Janus Henderson, where he was a member of its Global Sustainable Equity team.
The new fund builds on the proven success of RLAM’s existing sustainable fund range and will consist of a concentrated and active portfolio of 30 to 50 stocks representing the best sustainable ideas from around the world. It will be measured against the MSCI All Countries World Net Total Return Index GBP, whose constituents come from both developed and emerging markets. It is aimed at wholesale and institutional clients looking for exposure to global equity investments, selected through RLAM’s proven sustainable investment process.
Mike Fox, Head of Sustainable Investments at RLAM commented:
“The new fund is a natural evolution of our sustainable proposition and will enable us to widen the universe of companies that we can invest in, to include emerging markets too. This will not only allow us to uncover new gems, but will also encourage companies around the world to improve their environmental, social and governance standards.”
Rob Williams, Chief Distribution Officer at RLAM added:
“The RLAM sustainable range has traditionally appealed to a specific set of sustainably minded investors, but its consistent performance, combined with increasing societal demand for sustainable investment funds, has widened the appeal of the range to all investors. The launch of the fund enhances RLAM’s leading position in sustainable investing.”
The investment process used by RLAM’s sustainable funds selects companies that meet one of two criteria: they must provide products and services that benefit society or be a leader in managing their environmental, social and governance (ESG) impacts when compared with their peers.
£4.4 billion is currently invested in RLAM’s sustainable fund range, which has been led by Mike Fox since 2003, when the funds belonged to The Co-operative Asset Management (TCAM). These became part of RLAM when it acquired TCAM in 2013. The sustainable investment team is supported by the responsible investment team, which analyses ESG issues and coordinates RLAM’s proxy voting and engagement activity.
About Royal London Asset Management (RLAM):
Established in 1988, Royal London Asset Management (RLAM) is one of the UK's leading fund management companies, providing investment management solutions to both wholesale and institutional clients such as not-for-profit organisations, local authorities and the insurance sector.
RLAM manages £138.9 billion of assets and employs 104 investment professionals as at end March 2020. It invests in all major asset classes including UK and overseas equities, government bonds, investment grade and high yield corporate bonds, property and cash.
For professional clients only, not suitable for retail investors.
Issued by Royal London Asset Management Limited, registered in England and Wales number 2244297; authorised and regulated by the Financial Conduct Authority. Registered Office: 55 Gracechurch Street, London, EC3V 0RL.
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