The board of the Acorn Income investment trust has proposed the managerial appointment of BMO Global Asset Management, and the adoption of a new investment objective and policy.
Acorn Income is set to take on a strengthened approach to sustainable investing under the proposals, which will see it managed under BMO's Sustainable Global Equity Income strategy and invest in a global portfolio of publicly listed stocks offering an attractive level of income and making a positive impact on society and the environment. BMO GAM expands sustainable multi-asset range with two new funds The changes will also see the company's name changed to the BMO Global Sustainable Equity Income fund. Currently managed in a dual mandate between Premier Asset Management and Unicorn...
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