Quilter Cheviot will rename its sustainable investment range as it adopts the ‘sustainability focus’ label as part of the Financial Conduct Authority’s Sustainability Disclosure Requirements regime (SDR).
From 8 September, the investment funds, formerly known as Climate Assets, will be called Quilter Cheviot Sustainable Opportunities, with the existing balanced and growth funds both taking on the new name.
Launched in 2010, with the growth fund added in 2022, the funds have consistently been managed by Claudia Quiroz and supported by deputy fund manager Caroline Langley, Harry Gibbon and the wider Quilter Cheviot sustainable investment team.
The firm said the renaming reflects its unchanged position to finding sustainable investment opportunities across the funds’ five investment themes; clean energy, food, health and wellbeing, resource efficiency and water.
Claudia Quiroz, head of sustainable investment at Quilter Cheviot, said: “The FCA’s Sustainability Disclosure Requirements represent an important development for the industry, helping to improve transparency and enabling investors to identify those with a credible approach to sustainable investment.”
She added: “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.”
Caroline Langley, deputy manager of the funds, 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 its focus.
“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,” she added.
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