Quilter Cheviot rebrands Climate Assets fund
Quilter Cheviot has renamed its Climate Assets fund range after securing a ‘Sustainability Focus’ label as part of the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) regime.
The range, which consists of Balance and Growth mandates, will be rebranded as Quilter Cheviot Sustainable Opportunities, from 8 September.
Claudia Quiroz, head of sustainable investment at Quilter Cheviot and lead manager of the funds, said: “We have championed sustainable investment for over 15 years and are proud that these efforts mean we now meet the criteria for applying the ‘Sustainability Focus’ label to our funds.
“The FCA’s SDR represents an important development for the industry, helping to improve transparency and enabling investors to identify those with a credible approach to sustainable investment. The label recognises the robust management and processes that were already in place and our tried and tested sustainable investment philosophy, and this will not change.”
The group said the fund range’s approach is unchanged but the new name makes it “crystal clear” to investors the broad range of sustainability themes that feature in the portfolios.
Deputy manager Caroline Langley (pictured) said: “The new name makes it crystal clear to investors that the funds invest in a broad range of opportunities targeting sustainability themes that guide our focus. The themes, clean energy, food, health and well-being, resource efficiency and water have been at the heart of the process since 2010.
“As a key part of being eligible to use the ‘Sustainability Focus’ label, companies are determined as sustainable using revenue alignment with the UN Sustainable Development Goals. These two multi-asset funds offer investors a straightforward route for those wanting to invest sustainably, while catering for different risk profiles.”