iM Global Partner has renamed the Oyster European Opportunities fund, which it acquired in February 2019, Oyster Sustainable Europe and delegated management to Zadig Asset Management.
The European equity flagship of the Oyster range, the fund will integrate the UN Sustainable Development Goals, but as of 11 June, it has yet to attain an SRI label. One in three European equity funds to be focused on ESG by 2030 Utilising a team of two manager/analysts, the fund will seek companies with an "above-average share of sustainable earning while maintaining reasonable valuation ratios" across a broad exposure to cyclical, defensive, growth and financial stocks. The fund will be available to retail investors for a total expense ration of 2.1%, of which 1.75% are managemen...
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