Evelyn Partners has trimmed its US equity exposure in favour of global equity funds for its sustainable managed portfolio service (MPS).
The move came in response to an "increasingly unpredictable" market outlook, according to Evelyn. As a result, the wealth manager initiated two holdings in Sparinvest Ethical Global Value and Brown Advisory US Sustainable Value funds, while selling its holdings in FTGF Clearbridge US Equity Sustainability Leaders fund and Octopus Renewables Infrastructure trust. Federated Hermes launches US equity fund to European and international investors Genevra Banszky von Ambroz, lead portfolio manager of the Evelyn Partners Sustainable MPS, argued that the move towards Brown Advisory US...
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