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Accountable funding specialist CCLA Funding Administration has entered the UK retail market with the launch of a brand new fund out there by wealth managers and Monetary Planners.
The UK-domiciled UCITS fund CCLA Higher World World Fairness has been launched with £230m of seed capital.
CCLA beforehand solely offered funding choices to charities, native authorities and the Church of England.
The fund will probably be managed by co-heads of funding James Ayre and Charlotte Ryland. The pair handle over £6bn in equities.
The brand new retail fund will probably be actively managed and mirrors CCLA’s international fairness technique supplied to charities since 2007.
CCLA mentioned it launched the fund resulting from robust demand for ‘genuine’ ESG investments.
Jasper Berens, head of shopper relationships and distribution at CCLA, mentioned: “I’m thrilled to be bringing the success loved by CCLA’s not-for-profit purchasers to the broader wealth, middleman and retail market. This providing will attraction to these buyers looking for good efficiency mixed with a real and genuine strategy to ESG and sustainable investing.
“CCLA is totally different in that our strategy to sustainability is utilized throughout all the things we do and never simply at a person fund stage, this enables us to have a larger constructive affect.”
CCLA is at the moment engaged on getting the fund added to all UK middleman platforms in addition to a number of direct-to-consumer platforms.
The fund supervisor has supplied moral and accountable funding to charities, spiritual establishments, and the general public sector since 1958. It has £14bn in property underneath administration.
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