AXA IM UK Growth fund transitions into sustainable mandate

UK Sustainable Equity fund

AXA Investment Managers has renamed its UK Growth fund to reflect a more sustainable focus.

AXA Framlington UK Sustainable Equity will offer investors access to UK firms it "believes demonstrate either leadership on sustainability issues through strong ESG practices or those who have shown a clear commitment to improve their ESG practices". AXA IM rebrands fund to broaden social progress mandate Effective 13 September 2021, the Nigel Yates-managed fund allocates "at least 70% of its investment in shares of companies domiciled, incorporated or having significant business in the UK which the manager believes could provide positive returns". Large- and mid-cap companies comp...