Momentum Global Investment Management (MGIM) will add a sustainable managed portfolio service to its MPS range alongside its existing core strategies.
This follows feedback from financial advisers and planners who have witnessed the recent surge in investor demand for strategies that balance both commercial and societal or environmental concerns.
MGIM said that the Momentum sustainable portfolios “have been designed” with advisers’ needs in mind.
The offering consists of three actively managed multi-asset model portfolios that are intended to mirror the historical asset allocation of Momentum’s existing core MPS.
This includes a balance, moderate and a growth strategy. Each portfolio employs between 18-20 funds, using Momentum’s sustainable selection criteria, which is supported by Morningstar’s ‘Sustainalytics’ rating system.
The sustainable MPS carries a DFM charge of 0.25% and will initially be available on the Aviva, Quilter, and Standard Life platforms.
Cater clients
Alex Harvey, lead portfolio manager for MPS at Momentum, said: “Responsible investing has long been a key element of consideration within our investment decisions and manager selections.
“We have drawn on this extensive experience in the creation of these sustainable portfolios, as they specifically cater to clients who wish to invest with a greater emphasis on the social and environmental footprint of their investments, whilst not compromising on their financial returns.”
Steve Hunter, head of business development at Momentum, added: “I am delighted at our enhanced capability to meet a key investor demand for sustainable investing.
“Across our investment approach, we aim to deliver portfolios with a superior level of diversification and difference. In these model portfolios, we are proud to announce that we have done just that.”
