Responsible Multi-Asset Fund: 2019 first quarter update

Nathalie Krekis, co-manager of the newly launched Responsible Multi-Asset Fund, discusses the fund’s performance and positioning, corporate profits and Schroders’ sustainable investment report.



Nathalie Krekis
Portfolio Director

Fund benefits from stock market rebound

Stock markets around the world have recovered sharply over the quarter. This helped the Responsible Multi-Asset Fund generate a return of 6% since the start of the year. 

Positioning - neutral equities and tactically underweight bonds

We would look to add to our equity position on market pullbacks. We prefer alternative asset classes to fixed income.

What we’re watching

With unemployment at very low levels, we’ll be looking at corporate earnings to see whether higher wage costs are starting to impact profits. 

Sustainability report

We have just published our 2018 sustainable investment report. Last year, we were involved in 2,200 ESG engagements and retained our A+ rating from the UN PRI.

You can download the report here


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.


Nathalie Krekis
Portfolio Director


Responsible Investing
Quarterly Report
Charity Responsible Multi-Asset Fund

The value of your investments and the income received from them can fall as well as rise. You may not get back the amount you invested.