UK – Morley Fund Management has launched a range of SRI pooled pension funds available to UK pension schemes.
The SRI pooled fund range will comprise three funds, managed, UK equity and global equity.
Both the managed fund and the UK equity fund recently received AA ratings from Standard & Poors.
The funds follow a philosophy of sustainable development, focusing on companies that make a direct link between sustainable development and long-term returns. Companies are selected according to an analysis of financial fundamentals, the quality of management and the opinions of in-house analysts and SRI researchers.
Clare Brook, head of the SRI team at Morley, comments: “Our approach is radically different from traditional ethical investment. Instead of focusing on strict negative criteria and then applying financial criteria to a restricted universe, we actively focus on companies making a direct link between sustainable development and long-term returns.
“ Companies that emphasise sustainable development are those that typically take a long-term view of their business and a sophisticated approach to risk management.”