Ninety One has announced that it will be adopting the ‘Sustainability Impact’ label under the Financial Conduct Authority (FCA’s) Sustainability Disclosure Requirements (SDR) for its Global Sustainable Equity Fund.
This is not the first time Ninety One has adopted this label, as in November 2024 it said it will adopt the ‘Sustainability Impact’ label for its Global Environment Fund, which was effective from 1 December.
The Global Sustainable Equity Fund is managed by Ninety One co-portfolio managers Stephanie Niven and Miles Hamilton.
The fund aims to invest in businesses with “sustainable drivers of structural growth, competitive advantages, and that are generating sustainable returns, underpinning a multi-decade move towards a more sustainable future.”
Niven said: “As an active, global investment manager, Ninety One strives to invest for a better tomorrow. We believe that the effects a company has on its wider stakeholders, inclusive of society, the environment and its employees, will be increasingly recognised by the financial markets over the longer-term. Moreover, we continue to see sustainability creating a wide and growing opportunity set for active, concentrated investors.
“The decade ahead will be critical for addressing a broad range of sustainability challenges, presenting investors with significant potential to both generate returns and invest in companies contributing to positive social and environmental outcomes. The adoption of the ‘Sustainability Impact’ label by the Global Sustainable Equity Fund underscores our commitment to address the sustainability challenges in the years to come.”
Schroders, Fidelity, TIME Investments, M&G, T. Rowe Price and Liontrust have all also adopted a label under SDR for certain funds.
The Ninety One Global Sustainable Equity fund will adopt the label from the 28 February 2025.
Ninety One will be writing to the fund’s shareholders “shortly” with details of the updates to the prospectus, which are being made to align the relevant disclosures with the SDR.
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