Charles Stanley has launched a range of model portfolios with a focus on passive responsible funds.
The four portfolios are designed for those looking for enhanced environmental, social and governance characteristics when meeting their financial objectives, the firm said.
The portfolios are managed by Jane Bransgrove, investment director and a member of Charles Stanley’s responsible investment committee, and invest mainly in passive funds that track responsible benchmarks or have an ESG thematic focus.
Source: Charles Stanley
The portfolios are risk-rated by Dynamic Planner, Synaptic and Defaqto and are available from today (April 7) through most major platform providers for Gia, Isa and pension investors.
Dan James, head of asset management and chairperson of the Charles Stanley Responsible Investment Committee, said COP26 and net zero targets, have put environmental concerns front of mind.
“The Covid-19 pandemic has reinforced consumer interest, with our recent research finding that over half (51 per cent) of UK adults say the pandemic has increased their desire for investments with a sustainable focus.
“We believe this provides a cost-efficient way for clients to ensure that they are investing with a responsible lens.”
Bransgrove added the group believes responsible investing has the potential to deliver better returns over the long-term due to strong governance and lower risk assigned to companies that have a focus on ESG.
“These portfolios are designed to be low-cost, and well diversified, applying our skill in asset allocation to help investors meet their saving and investment goals.”
sally.hickey@ft.com
