Accounting Firms

Evelyn Partners adds three holdings to sustainable portfolio

The new holdings include Atlas Global Infrastructure, Alquity Future World and iShares MSCI Japan SRI ETF

Evelyn Partners sustainable managed portfolio service (SMPS) team has added new holdings in Atlas Global Infrastructure, Alquity Future World and iShares MSCI Japan SRI ETF to its models.

Alongside these changes, equities, alternatives and cash were reduced at the lower end of the risk spectrum in favour of fixed interest. At the higher end, equity exposure remains unchanged, with increases to fixed interest positions funded from cash and alternatives.

Atlas Global Infrastructure is a concentrated, sector agnostic portfolio (18-30 stocks) of developed market infrastructure company equities. The manager, Atlas Infrastructure, was founded as a partnership between Atlas Partners and Global Infrastructure Partners in 2017.

Alquity Future World is a small emerging and frontier markets fund managed by Alquity Investment Management, an investment boutique specialising in ESG and impact investing in high growth markets. The fund invests in 50-75 companies which contribute to a just and sustainable future.

iShares MSCI Japan SRI ETF has been added to the portfolios at the expense of the Xtrackers MSCI ESG Japan ETF. This new addition aims to replicate the MSCI Japan SRI Select Reduced Fossil Fuel Index, a free float-adjusted, market cap weighted index which tracks the performance of a sub-set of companies within the MSCI Japan which demonstrate superior ESG ratings relative to their sector peers.

Genevra Banszky von Ambroz, lead manager of the Evelyn Partners Sustainable MPS, said: “The overall intention of this rebalance was to further improve diversification across the portfolios, whilst taking advantage of market opportunities where they present themselves, after what has been a punishing quarter for most asset classes.”

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