Cazenove Capital has been awarded £33.5m after winning the ESG Investing Olympics competition.

The competition, hosted by the Friends Provident Foundation, has awarded the assets from Friends Provident Foundation, the Joffe Charitable Trust, and the Blagrave Trust and will be invested in the Cazenove Sustainable Growth fund. Cazenove says the fund will be available to charities and individual investors and will have a carbon footprint of less than half of the global equity index and will generate five times the social impact.’