BMO Global Asset Management (GAM) has launched three new sustainable multi-asset portfolios, which will be part of its Universal Multi-Asset Portfolios (MAP) range.
The three funds - BMO Sustainable Universal MAP Cautious, Balanced and Growth - will be managed by BMO GAM's multi-asset team, which is headed up by Paul Niven, although Simon Holmes will be lead manager on the new sustainable range. The funds will join the firm's six existing risk-controlled funds within the two year-old MAP range, which currently spans ‘defensive' to ‘adventurous' mandates, and are designed to offer investors "low cost, multi-asset solutions". The differentiator between the existing portfolios and the new additions is the incorporation of sustainability criteria. ...
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