Vanguard unveils active sustainable fund range with 'strict' investment philosophy

The Vanguard SustainableLife range also incorporates sustainability criteria such as the exclusion of companies that may have a negative impact on society and the environment such as tar sands and thermal coal. The actively-managed funds have been designed to cater for investors aiming to achieve returns while investing in line with their values and reducing exposure to ESG-related risks. According to Fong Yee Chan, head of ESG strategy in Europe, Vanguard is seeking to help investors "balance their personal values" with their financial goals as sustainable investing continues to grow...