Investec Wealth rolls out first funds in sustainable MPS range

Firm says the two models are to ‘create enduring worth, living in society not off it’

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Investec Wealth & Investment (IW&I) has rolled out a sustainable MPS range with two multi-asset strategies.

The two MPS models will be available for IFAs “to create enduring worth, living in society not off it”, the firm said.

The Sustainable Balanced Strategy is a medium-risk strategy while the Sustainable Growth Strategy is a medium-high risk strategy, both with a sustainability focus and aimed at investors seeking a return in the form of capital appreciation.

The products will be available via both the Aviva and Abrdn platforms. The annual management charge on IW&I’s sustainable MPS models will be 0.2% with ongoing charge figure capped at 0.75%, and they are also VAT exempt.

The sustainable MPS portfolios are derived from the models maintained by the firm’s UK ESG committee, which is led by chief investment officer Stacey Parrinder-Johnson.

‘Further emphasis on sustainability’

Parrinder-Johnson (pictured) said: “ESG is an element in all our investment decisions, and the high ESG ratings for our existing MPS range reflects this.

“However, these new products place a further emphasis on sustainability in particular, making it the driving part of our investment strategy.

“Having worked with ESG and sustainability investments for 16 years, I’m proud of the ongoing work to make it easier for clients to focus their investments more towards those businesses which are looking to answer sustainability challenges and take advantage of opportunities.”

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