Alternative Investments/ESG: Foster Denovo Expands Sustainable Portfolios With Passive Range

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Foster Denovo is a firm of UK-based financial advisors.

In October financial advisory firm Foster Denovo launched its new range of actively managed sustainable portfolios. The offering addressed investors’ need for socially responsible investments that also provided a rate of return. Today, the firm announced the addition of “Passive Sustainable Dynamic Portfolios” to that suite of products. (International Investment)

Passive Sustainable Dynamic Portfolios

The new passive portfolios, together with the active portfolios, provide a suitable range for a variety of client preferences. These include their attitude to risk, investment time frame and investment goals.

The passive range comprises five portfolios constructed around different levels of risk. The portfolios invest in physically backed ETFs that exclude companies without ESG objectives. However, they maintain a strong focus on the investor’s need for financial returns.

A complementary choice

Roger Brosch, CEO, Foster Denovo, said: “We are delighted to add these exciting passive options to our Sustainable Dynamic Portfolios range. We believe it will provide a complementary low-cost choice for investors seeking asset growth, while managing the risks from ESG factors.”

Declan McAndrew, head of investment research added: “Our Sustainable Dynamic Portfolios have been carefully designed to balance investment risk with returns to help achieve clients’ financial goals. These take into account different attitudes to risk, time frame, capacity for loss and crucially ESG criteria.”

Leveraging expertise

McAndrew further said: “Within this new range, as within our Active SDPs, we have focused on combining internal and external expertise to build portfolios that will proactively adapt to this rapidly changing and exciting field.”

“This new launch will allow us to cater to an even broader range of investors who are looking for investment portfolios that can manage risk, while also delivering aspirational outcomes that reflect their financial objectives.”

Related Story:   Two New Sustainable Funds From Close Brothers

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