ROYAL London Asset Management (RLAM) is making its first foray into socially responsible investing (SRI) with the launch of its Ethical Bond Trust.
The fund will run by Sajiv Vaid and Stephen Peirce and will be up against the likes of Rathbone, Morley, Aegon and Standard Life which are key players in the ethical bond market. Baigrie Davies director, Amanda Davidson, said it was a “good move” on the part of RLAM. “It’s very interesting how all the fund houses are waking up to ethical investments,” she said. “Their timing is interesting because there is so much about climate change in the public domain at the moment. “Royal London is pretty traditional and I am fascinated how conventional fund managers are moving over to ethi...
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