F&C Investments has concluded the rebrand of its Stewardship fund range, which from now on will be called the Responsible fund range.
The asset manager first announced the re-branding plan in June of this year.
The four Stewardship Oeic funds, the two Stewardship Luxembourg-domiciled Sicav funds, and the two Stewardship Cayman-based Commingled funds will now be called “Responsible” funds.
The newly named funds aim to offer ethically screened investment options.
Starting on January 1, the funds will be supported by a new advisory council, which will be chaired by Howard Pearce. The F&C Responsible Investment Advisory Council will help to maintain the ethical standards by which the funds are run.
Vicki Bakhshi, director at F&C said: “We’ve chosen the term ‘Responsible’ to account for not only the ethical sustainable screening, but also the importance of the active ownership programme of engagement and voting undertaken in these funds.”
The new fund names are: the Responsible UK Equity Growth fund, Responsible UK Income fund, Responsible Sterling Bond fund, Responsible Global Equity fund, Responsible Global Equity, Responsible Sharia Global Equity, Responsible Emerging Markets Equity ESG fund and the Responsible Emerging Markets Equity ESG Screened fund.
The funds will have a team of 14 dedicated environmental, social and governance experts conducting research, engagement and voting, and their will be 17 fund managers involved in their management.
