Morgan Stanley Investment Management (MSIM) has launched two multi-asset funds for UK investors, both of which will be managed by its global balanced risk control team led by Andrew Harmstone.
The Morgan Stanley OEIC Global Balanced Sustainable fund will invest in a multi-asset portfolio across equity securities, fixed income securities and money market instruments. The new fund will invest in companies that contribute to "the realisation of a low-carbon economy" and with a target to decarbonise the portfolio's core equity exposures according to a 1.5°C scenario, targeting net zero by 2050. Morgan Stanley IM launches Global Insight OEIC Harmstone, who is head of the global balanced risk control strategy at MSIM, said: "Through the Global Balanced Sustainable fund, we hav...
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