Chase de Vere DFM service raises £50m since June launch as ethical funds gain traction

Growing demand for vehicles with ESG credentials

Chase de Vere's recently launched discretionary managed service has seen around 25% of inflows into the firm's ethical range, indicating the growing demand for vehicles with ESG credentials.

Head of portfolio management Ben Willis, who joined the firm earlier this year after 12 years at Whitechurch Securities, said overall the new range had raised £50m since its launch in June. He said: "I am overwhelmed by the support. When I joined, all the hard work had been done by Justine [Fearns, research manager] and the team, such as the operations, platforms and the beauty parade. We aimed to get the service launched by June and achieved that. "Since then, I have been out speaking to advisers, educating them on the kind of service we have to offer, while also building and managin...