Fidelity adds sustainable multi-asset funds

Fidelity International has launched the Sustainable Multi Asset Fund range.

The range will initially consist of three funds – the Fidelity Sustainable Multi Asset Conservative Fund, Fidelity Sustainable Multi Asset Balanced Fund and Fidelity Sustainable Multi Asset Growth Fund.

The funds will be managed by Fidelity’s Solutions and Multi Asset 80-strong team. Nick Peters will be lead portfolio manager with Ayesha Akbar co-portfolio, manager.

John Clougherty, Head of UK Wholesale at Fidelity International says: “At Fidelity, ESG integration is an integral part of our investment process across all strategies as we believe that sustainability factors are material to long-term investment outcomes.

“With increased regulation and growing client demand, we recognise the importance to the UK adviser market of building sustainability considerations into suitability assessments and their fund section process. That’s why for those clients who require an enhanced ESG screening, we are pleased to offer a growing selection of funds in our Sustainable Family of Funds spanning our equity, fixed income, ETF and now multi asset franchises, providing a wide ranging but universal and robust approach to sustainable investing.”