Close Brothers Asset Management (CBAM) has launched a sustainable multi-asset fund and rebadged its Bond Income Portfolio as a sustainable bond fund.
CBAM said the move was in response to demand from clients and intermediaries for funds with a focus on ESG and sustainable investment strategies. The newly launched Close Sustainable Balanced Portfolio fund will be managed by head of funds Riitta Hujanen and investment manager Richard Stroud. The offering will aim to provide capital growth alongside some income over the medium term, CBAM said. It will invest across shares, bonds, alternatives, ETFs and third-party funds. JOHCM's Regnan launches global equity impact fund Meanwhile, the Close Bond Income Portfolio fund will become...
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