Russell Investments has announced the launch of the Russell Investments Sustainable Managed Portfolios which the global asset manager said will provide local investors with exposure to predominantly sustainable managers.
Neil Rogan, Russell Investments head of adviser and intermediary solutions in Australia, said the new range will also offer new opportunities for financial advisers to align their clients’ investments with ESG values.
“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,” Mr Rogan said.
“After another few years of devastating bushfires and floods, many Australians are eager to leave a positive impact on the environment in any way they can, and this includes how and where they invest.”
As well as including a component of directly-held Australian shares, Russell Investments said the Sustainable Managed Portfolios also invest with active managers that have been identified by its manager research team to be demonstrating high standards of ESG integration in the investment process.
Mr Rogan added that the new range are a “significant development” for advisers working with client portfolios.
“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,” Mr Rogan said.
“By employing a multi-asset managed portfolio structure, we are able to satisfy a range of investor risk appetites, while saving advisers’ time by ensuring they no longer need to deliver a statement or record of advice when changes are made to the portfolio.”
