Royal London Asset Management (RLAM) has launched a Global Sustainable Equity fund under the co-management of new hire George Crowdy, who joins from Janus Henderson.
The fund will comprise an active and concentrated portfolio of 30 to 50 stocks and will use the MSCI All Countries World Net Total Return GBP index as its benchmark.
Investing across both developed and emerging markets, any company included in the fund must either "provide products and services that benefit society" or "be a leader in managing their environmental, social and governance impacts when compared with their peers", the firm explained.
Crowdy, who joins from Janus Henderson's global sustainable equity team, will co-manage the fund alongside Mike Fox, head of sustainable investments at RLAM.
Fox (pictured) said: "The new fund is a natural evolution of our sustainable proposition and will enable us to widen the universe of companies that we can invest in, to include emerging markets too.
"This will not only allow us to uncover new gems but will also encourage companies around the world to improve their environmental, social and governance standards."
Rob Williams, chief distribution officer at RLAM, added: "The RLAM sustainable range has traditionally appealed to a specific set of sustainably minded investors, but its consistent performance, combined with increasing societal demand for sustainable investing products, has widened the appeal of the range to all investors.
"The launch of the fund enhances RLAM's leading position in sustainable investing."