iM Global Partner and Richard Bernstein Advisors have launched the iMGP RBA Responsible Global Asset Allocation ETF (ticker: IRBA).
The firm writes that this new ETF combines RBA’s time-tested and dynamic approach to global asset allocation with utilising state-of-the-art ESG or responsible ETFs.
“There is strong demand for a comprehensive solution that pulls together all the ESG and Responsible single ETFs available to advisors and investors into one globally diversified solution. RBA’s expertise in providing global asset allocations implemented with ETFs has been their core focus since the firm was founded,” says Jeffrey Seeley, iM Global Partner Deputy CEO. “We are thrilled to launch this comprehensive ESG ETF solution that can serve as a foundation for clients’ long-term responsible ESG global allocations.”
The iMGP RBA Responsible Global Allocation ETF employs a macro-driven, top-down style to construct a globally responsible asset allocation portfolio. The investment team uses proprietary indicators and the firm’s macro-economic analysis to allocate to global equity and fixed income asset classes and several sub-asset classes using primarily US listed ESG or responsible ETFs.
IRBA has a base asset allocation of 65 per cent equities, and 35 per cent fixed income. This ‘go anywhere’ multi-asset strategy can invest broadly across country/region, style, market capitalisation, duration, or credit quality risk-weighted through five-30 ETFs.
RBA calls its investment approach “Pactive” investing because it uses passive tools like ETFs to take an active approach to investment positions.
Richard Bernstein, CEO and CIO of Richard Bernstein Advisors says: “RBA’s disciplined investment process has worked for clients for over a decade. We are pleased that the ESG ETF universe has matured enough so that we can now apply our strategies to ESG portfolios in IRBA.”
