US-based Columbia Threadneedle Investments will adopt new “Sustainability Focus” labels under the FCA’s Sustainability Disclosure Requirements (SDR) for nine funds across global equities, UK equities and multi asset funds.
The nine funds adopting the “Sustainability Focus” label include four global and UK equities funds – CT Sustainable Opportunities Global Equity Fund, CT Sustainable Global Equity Income Fund, CT Responsible Global Equity Fund and the CT UK Sustainable Equity Fund – and the five funds that make up the Sustainable Universal MAP range – the Defensive, Cautious, Balanced, Growth and Adventurous funds.
According to a press statement, the adoption of the new labels further highlights Columbia Threadneedle’s commitment to providing both financial returns and positive sustainable outcomes for investors wishing to achieve both objectives within their investment portfolios.
Said Mike O’Toole, Co-Head of UK Wholesale Distribution at Columbia Threadneedle: “We believe the label provides the necessary transparency and clarity to investors looking to allocate their money to sustainable outcomes.”
“Funds from across our core client offering will adopt the “Sustainability Focus” label, including global and UK equities as well as our full range of sustainable, actively managed low-cost multi-asset solutions.”
Columbia Threadneedle added that it would add two fixed income funds to a sustainability label at a future date.
