Federated Hermes has launched a new Sustainable Global Equity fund, which will be the first product within its new Sustainable suite of portfolios.
The firm's Sustainable range of funds will sit alongside two other new categories of portfolios for investors to choose from: Active ESG and Impact, which will be created as a means of reclassifying its product range in a bid to clearly label the types of funds on offer. Harriet Steel, head of business development and executive board director at the firm, said even Federated Hermes' "deeply embedded" focus on ESG investing (the company first began engaging with UK companies to improve corporate governance in 1983) could not prepare it for the "massive acceleration of interest" the indust...
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