7IM: Dramatic rise in demand for sustainable and ESG strategies

July 25, 2019 | Hedge Funds
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Seven Investment Management’s Sustainable Balance Fund notches up £100 million in AUM

7IM’s Sustainable Balance Fund, which garnered AUM of £100 million by this week, invests in a portfolio structured around the environmental, social and governance (ESG) theme.

Appropriately, the AUM milestone was achieved during the Climate Action Week at London.

An actively managed fund with balanced risks, the Sustainable Balance Fund has returned 67.7% since its launch in February 2007.

Ethical conduct only

Investments at the fund must qualify a screening for ethical conduct. Any companies found to be  “materially involved in ethically unacceptable conduct” are strictly excluded from the portfolio.

ESG funds: Inflows to rise

“We have witnessed a dramatic rise in demand for these strategies in the UK in recent months,” says 7IM senior investment manager Camilla Ritchie regarding sustainable and ESG focused investing. “As such, ESG investing has moved from being seen as a niche approach to investing and into the mainstream.”

Initiatives such as London Climate Change Week, as well as increasingly positive attitudes towards the environment will boost inflows into ESG-oriented strategies, she added.

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