Quilter Cheviot launches Positive Change investment strategy
Wealth management firm, Quilter Cheviot, has launched a discretionary investment strategy aimed at clients who want Environmental, Social and Governance (ESG) considerations to be a key driver of investment selection, without compromising on their long-term financial considerations.
The funds-based ‘Positive Change’ strategy invests in global equities, fixed income and alternatives to give a well-diversified portfolio across asset classes, industries, and investment styles.
The strategy holds several sustainable funds that will give discretionary clients exposure to companies that have more sustainable business practices and to those making a positive contribution to the environment and society through their products and services. Examples could be businesses leading healthcare advances or new technologies to increase energy efficiency.
Rather than focusing on exclusions or only investing in companies that are already leaders in their approach to sustainability, there is an emphasis within the strategy on investor voting and engagement. By investing with fund managers that are actively engaging with companies across industries, Quilter Cheviot believes there is an opportunity to encourage businesses to raise their ESG standards higher.
Quilter Cheviot’s ESG Fund Research lead, Melissa Scaramellini, says: “We know that more solutions are needed to tackle the issues facing the environment and society and that the majority of companies need to take further action to become more sustainable. We want to encourage that positive change and believe this strategy brings a pragmatic approach to achieving that. We are excited to bring a strategy to clients that combines funds that invest in companies that are already making a positive contribution, along with funds managed by leading ESG practitioners that engage with companies to accelerate change where it’s most needed.”
Andrew McGlone, Chief Executive of Quilter Cheviot, adds: “Having embarked on our 250th anniversary year, we are more focussed than ever on looking to a progressive and sustainable future. Clients are increasingly concerned about climate change and other ESG related issues and we will continue to evolve our responsible investment offering to help align their investments more closely with their values.”
This discretionary strategy launch complements the firm’s wider responsible investment offering which includes the continued integration of ESG factors into the wider investment process as well as the Climate Assets Fund, with its focus on various sustainable investment themes, which last year celebrated its 10th anniversary. For those who want to place strict exclusions on their investments, the firm also has an ethical investment offering which is informed by a client’s specific ethical preferences.