Square Mile recently changed a number of ratings for sustainable investment funds. The changes and reasonings are listed below.
EdenTree European Equity fund awarded Responsible A rating
Square Mile’s analysts have introduced the EdenTree European Equity fund into the Academy of Funds with a Responsible A rating.
The report said: “Managed by an experienced team with strong supporting resources, this compelling strategy adopts a bottom-up, value-oriented approach, focusing on undervalued companies that the team believes can generate strong and sustainable cash flows over time. This, in turn, should support a growing income stream and the return of capital to shareholders over the long term.”
They believe also that the fund offers “differentiated exposure within the European equity space, combining a clear value bias with robust responsible investment credentials”. As such, they see it as well positioned to appeal to investors seeking to broaden their regional exposure.
EdenTree Global Sustainable Government Bond fund awarded a Responsible Positive Prospect rating
Square Mile announced that its analysts have awarded the EdenTree Global Sustainable Government Bond fund a Responsible Positive Prospect rating. This fund offers investors access to ESG-labelled bonds issued by government and government-related entities with an additional proprietary sustainability layer. The analysts believe this fund to have the potential to be an appealing proposition for investors seeking to achieve a dual objective of achieving exposure to the asset class whilst helping to finance new or existing socio-environmental projects.
M&G Global Sustain Paris Aligned fund awarded Responsible A rating
Square Mile has introduced the M&G Global Sustain Paris Aligned fund into the Academy of Funds with a Responsible A rating. The fund takes a high-conviction, low-turnover approach to invest at least 70% of the portfolio in companies that contribute towards the Paris Agreement Climate Change goal. Overall, Square Mile’s analysts said they believed the fund “to be an attractive choice for investors that seek a strategy that delivers longer-term outperformance while achieving a positive environmental impact”.
Regnan Global Equity Impact Solutions fund loses Responsible A rating
Square Mile has taken the decision to remove the Responsible A rating from the Regnan Global Equity Impact Solutions fund. This rating was initially suspended in June 2025 following the departure of co-manager Mohsin Ahmad and dedicated Analyst Maxime Le Floch.
While the analysts recognise the pedigree of the remaining team – Tim Crockford, lead portfolio manager since inception, and Laura Sheehan, a senior analyst on the fund since 2024 – they noted that the fund has suffered a period of challenging performance and is facing multiple headwinds due to its inherent impact biases.
The analysts noted that “it is commendable that the fund managers remain true to their approach, and they respect their skillset, nonetheless, in an environment where positive investor sentiment is lacking and outflows have reduced the fund’s assets to what they believe to be a critical level, the analysts do not foresee a catalyst that would restore momentum to this proposition.”
