Charity Responsible Multi-Asset Fund webinar Q1 2020
Tom Montagu-Pollock and Nathalie Krekis, co-managers of the Responsible Multi-Asset Fund, provide an update on the fund’s performance and positioning in 2019 while Emilie Shaw discusses the fund’s approach to responsible investment.
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The final quarter of 2019 was in stark contrast to the same period in 2018 as global equities ended 2019 at all-time highs. Against this backdrop, the Responsible Multi-Asset Fund returned +15.9% for the year as a whole, ahead of the inflation +4% long-term target.
Having launched the fund with just £5m of assets from two clients in August 2018, the fund is now over £70m in size and is managed on behalf of 41 charity clients.
While the fund has maintained its exposure to equities, allocations to gold, bonds and cash have been helpful for relative returns in the market volatility we have seen so far in 2020. We continue to see steady flows into the Fund and have been proactively adding to equities at lower levels.
In keeping with our intention to maximise the positive impact of your charitable assets we have recently added an allocation to green bonds via the Lombard Odier Climate Change Fund, and have also recently invested in the Threadneedle Social Bond Fund.
This article is issued by Cazenove Capital which is part of the Schroders Group and a trading name of Schroder & Co. Limited, 1 London Wall Place, London EC2Y 5AU. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Nothing in this document should be deemed to constitute the provision of financial, investment or other professional advice in any way. Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested.
This document may include forward-looking statements that are based upon our current opinions, expectations and projections. We undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements.
All data contained within this document is sourced from Cazenove Capital unless otherwise stated.
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