UK-based wealth manager LGT Vestra has launched a Sustainable Model Portfolio Service (Sustainable MPS) with three diversified portfolios to meet growing a demand from independent financial advisers (IFA) for a sustainable investment solution.
The Sustainable MPS is a discretionary investment service comprising three diversified model portfolios – Cautious, Balanced and Growth.
The aim of the Sustainable MPS is to generate strong and consistent investment returns, whilst supporting our firm’s sustainability ethos. The model portfolios provide advisers with a solution for clients who want their investments to be directed towards a more sustainable future whilst achieving their financial objectives in a risk-controlled manner.
The Sustainable MPS will invest in funds where we believe the managers will seek to invest in companies that are creating a more sustainable business model focused on society and the environment as well as shareholder return. The funds will be screened initially to exclude certain industries, followed by a second screen to identify funds which are rated highly on the environmental, social and governance (ESG) scores of their underlying companies.
H.S.H. Prince Max von und zu Liechtenstein, CEO of LGT, says: “Sustainability has long been a priority for our family and LGT. We are taking a long-term approach through the integration of ESG criteria in all areas of our business to ensure we are doing our part for the future. Our aim is to achieve long-term perspective and create value for all of our stakeholders – our clients, employees, owner, society and the environment. Conducting ourselves in a socially responsible manner is deeply rooted within our corporate culture.”
Tony Allan, partner and head of business development at LGT Vestra, says: “Our focus is to provide advisers with solutions that meet and exceed their clients’ expectations. We have experienced demand for a sustainable investment service and can now provide this as a diversified offering. With our new Sustainable MPS, IFAs can present a solution that aligns the moral values of their clients without compromising their long-term financial objectives.”
The sustainable models are run by Phoebe Stone at LGT Vestra. She is also responsible for co-managing the LGT Vestra Model Portfolio Service. Introducing the Sustainable MPS, Stone says: “At LGT Vestra, we realise the importance of fulfilling our social and corporate responsibility. Sustainability is a long-term force for change in markets, countries and companies, and we must all contribute to have a more positive future to live in. To invest in our Sustainable MPS is to be part of this growing movement, pledging the long-term commitment towards a sustainable planet.”
