Rathbones Asset Management has achieved SDR labels across its four-fund sustainable multi-asset range
Rathbones Asset Management has strengthened its sustainable fund offering with the approval of the Sustainability Focus label, under the Sustainability Disclosure Requirements (SDR), for four funds within the Rathbone Greenbank Multi-Asset Portfolio range.
The funds that will adopt the label are:
- Rathbone Greenbank Total Return Portfolio
- Rathbone Greenbank Defensive Growth Portfolio
- Rathbone Greenbank Strategic Growth Portfolio
- Rathbone Greenbank Dynamic Growth Portfolio
This comes after Rathbones Asset Management announced in March that its Rathbone Greenbank Global Sustainability Fund and Rathbone Greenbank Global Sustainable Bond Fund had both adopted the Sustainability Focus label.
The Financial Conduct Authority (FCA) introduced SDR a year ago following investor concerns over greenwashing, seeking to restore trust and improve transparency in the sustainable investment space.
All funds approved to use SDR labels are required to meet FCA criteria and publish consumer-facing disclosures on their investment approach.
Rathbones pointed out that since the introduction of SDR labels, the overall number of funds marketed as sustainable has fallen significantly, elevating the offer of committed asset managers.
Tom Carroll, Chief Executive of Rathbones Asset Management, said: “We are proud of the hard work we have done to ensure SDR recognition for our funds, putting us in the leading tier of asset management companies for the number of labelled funds relative to AUM. At a time when it is fashionable to talk down sustainability, we are pleased to be able to demonstrate our long-term commitment to this area of the market.
“We know from experience that companies with robust governance and strong cultures benefit our clients in the long-term and we are now able to offer clients a suite of labelled funds across multi-asset, equity and fixed income, which means that through Rathbones Asset Management, clients can achieve sustainable exposure across core asset classes. Rathbones has an enviable reputation and longevity in sustainable investment and we continue to value the contribution from across the whole Group, particularly the team at Greenbank, to ensuring a robust sustainability framework which has enabled the successful adoption of these labels.”
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