abrdn has extended its existing £16.5bn MyFolio franchise by launching the 'MyFolio Sustainable Index' range.
The range of five risk targeted multi-asset fund of funds has been built to be closely aligned with the MyFolio Index range and includes sustainability considerations, according to the firm. Each MyFolio Sustainable Index fund aims to generate growth over the long term while being managed to a defined level of risk. The fund will invest in a manner that seeks to account for long-term environmental and social risks and opportunities and to promote good corporate governance through investment in other funds. abrdn sees staff overhaul and fund conversions amid new 'Sustainability Group' ...
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