MGIM launches multi-asset sustainable fund

Harmony Portfolios Sustainable Growth fund

Kathleen Gallagher
clock • 1 min read
Ferdi van Heerden, CEO of MGIM said the new fund builds off “Momentum’s pedigree and long-standing success in multi-asset investing”.
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Ferdi van Heerden, CEO of MGIM said the new fund builds off “Momentum’s pedigree and long-standing success in multi-asset investing”.

Momentum Global Investment Management has added a new fund, the Harmony Portfolios Sustainable Growth fund, to its multi-asset fund range.

The multi-manager fund will be SFDR Article 8 and will be run by Andrew Hardy and Lorenzo La Posta. MGIM said they will utilise a diversified blend of managers with "effective governance and superior management of environmental and social issues". Impax hires head of distribution for Europe and Asia Pacific With an investment horizon of over six years and an expected volatility of between 9% and 12%, the base currency of the fund is USD and there will be three other share classes available: EUR (hedged), GBP (hedged) and AUD (hedged). Andrew Hardy, director of investment managem...

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