abrdn has moved to get its ethical equity funds in order ahead of the regulator’s SDR rules and updated three of its portfolios’ investment process and terminology, despite ethical funds being ineligible for the labels.
According to a letter sent to shareholders of the abrdn UK Ethical Equity, Europe ex UK Ethical Equity and Ethical Corporate Bond funds on the 27 September, all three portfolios will have its performance threshold removed. Aegon AM's Miranda Beacham: FCA should create SDR label for ethical funds Moreover, the UK Ethical Equity fund will have the addition of the overseas investment allowance and all three with have "additional disclosures" added. In the letter, abrdn said it had elected to make the changes after its most recent portfolio review, which included considerations around ...
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