Equities

ESG should be core part of investment philosophy rather than application of external ratings

Co-managers pick their top ethical holdings

Universe of 3,500 stocks

We believe Japan is slowly emerging from its long period of deflation.

Potential for significant losses in parts of the market

95% have charges over 0.7%

FundCalibre asked managers about warning signals

Tom O’Hara and Tom Lemaigre join from Exane BNP Paribas and RWC Partners respectively

Previously managed by Standard Life Aberdeen

'Overstretched and underinvested'