Launch of a new sustainable portfolio range
As the investment industry increasingly embraces environmental, social and governance (ESG) principles, Foster Denovo hopes this will eventually become the default approach for most investors.
Foster Denovo launched a new Sustainable Dynamic Portfolios (SDPs) range earlier this month for more socially and environmentally conscious investments. They are a “natural progression” of the firm’s Dynamic Portfolios (DPs) and Clearview platform, which launched last year.
Declan McAndrew, head of investment research at Foster Denovo, said the firm has had aspirations to build out its model portfolio service to include sustainability for some time.
“The new range of sustainable portfolios has been designed to address the growing needs of socially conscious investors wanting investment choices that do more than provide them with a rate of return,” Foster Denovo said.