Russell Investments launches sustainable managed portfolios

Russell Investments has announced the launch of Sustainable Managed Portfolios which will target lower carbon emissions and enhanced environmental, social, governance (ESG) outcomes.

The firm said the solution was developed in response to investor demand and would extend its existing range of dynamically managed multi-asset portfolios, while offering financial advisers new opportunities to align their clients’ investments with their ESG values.

The Sustainable Managed Portfolios included a component of directly held Australian shares, selected according to ESG objectives and exclusions which would provide the ability to see, understand and potentially adapt these holdings through the managed account structure, the firm said.

“In the past it was rare for advisers’ clients to define the type of investment factors they want to see in their portfolio. However, today advisers are experiencing an increasing demand from clients to be invested in ways which align with their values, particularly from those clients who are environmentally conscious,” Neil Rogan, Russell Investments Head of Adviser & Intermediary Solutions in Australia said.

“Russell Investments’ Sustainable Managed Portfolios are a significant development for financial advisers. Now, they can invest their clients in portfolios which leave a positive sustainable impact on the world, while harnessing the institutional-grade depth of research and manager access that Russell Investments makes possible for retail and wholesale investors.”

Russell Investments’ Sustainable Managed Portfolios would be available in balanced and growth options, and they are accessible on multiple investment platforms.