Aberdeen Standard Investments (ASI) has launched a MyFolio Sustainable Fund range of five risk-graded, multi-asset portfolios which "explore sustainable investment in a controlled risk environment".
The new MyFolio Sustainable portfolios, which is a fund-of-funds range, will be managed by Joe Wiggins, head of portfolio management, and Matthew Wiles, senior investment analyst at ASI. Each of the five funds in the range has an objective to generate growth over the long term - five years or more - while being managed to a defined level of risk and will comprise "carefully chosen funds", with between eight and 16 holdings in each portfolio depending on the risk profile. ASI said that the funds will invest in a way that seeks to account for long-term environmental and social risks and...
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