Edentree Investment Management has launched an adviser-oriented multi-asset fund range, to meet the varying “risk objectives and investment goals advisers are faced with”.
The Edentree Responsible and Sustainable multi-asset Cautious, Balanced, and Growth funds provide advisers with access to Edentree’s responsible and sustainable investment knowledge and expertise.
The strategies, actively managed by Chris Hiorns, head of multi-asset and European equities, seek to delivery long-term capital through a portfolio of assets resilient to market turbulence.
The Cautious fund offers lower risk than the Balanced and Growth funds, which contain a higher number of equities.
“Investors want their portfolios to make a difference and have a positive impact on society and the environment around them,” said Hiorns.
“Having launched one of the first ethical equity funds in the UK in 1988, we are not just participating in a fad. This launch demonstrates a continuation of our long-term dedication to performance with principles.”
The strategies take a “bottom-up” approach to security selection, according to the asset manager.
Equity and fixed income will be invested into Edentree’s existing range of global and regional funds and alternative allocations will be invested in listed infrastructure and real estate investment trusts.
IFAs weigh in
“We have seen many investment houses move into the sustainable investing space, and I have seen an increase in clients wanting to make sure their investment portfolios are positioned sustainably,” said James Wyman, financial adviser at Lyndhurst Financial Management.
“I will be interested to see how the Edentree multi-asset funds perform with their long history of sustainable investing. They produce some interesting material showing the carbon footprint of their funds which clients can quickly and easily absorb. It is supporting materials like these and investment house pedigree that means these funds will be ones to watch.”
Edentree integrates environmental, social and governance risk factors through screening, engagement, governance and thought leadership research.
“Edentree have some interesting fund offerings in the responsible and sustainable space so I view these new launches with interest,” said Alistair Cunningham, financial planning director at Wingate Financial Planning.
Cunningham said he wasn’t “overly concerned they [Edentree] have no track record” with risk-rated portfolios aimed at advisers given its history managing ESG funds.
