Parmenion Investment Management has added five funds to its ESG portfolios.
Among the changes, Parmenion has added the Schroder Global Sustainable Value fund to its Sustainable Growth product, while Sparinvest Ethical Global Value has been initiated into the firm’s Ethical Growth solution.
The funds both invest in companies that are ESG leaders with a deep value bias, which Parmenion noted have historically been difficult to access in sustainable portfolios.
“It is exciting to see continuing evolution in ESG investing, with increasing breadth and diversity in the universe of sustainable and ethical funds in which we can invest,” Parmenion senior investment manager Mollie Thornton said.
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“Following careful research and due diligence, we believe the latest additions to our sustainable portfolios will enhance diversification and returns over the years to come.”
Elsewhere, Parmenion has entered the Regnan Sustainable Water and Waste fund into its Screened Growth solution.
JPM Emerging Markets ESG has been added to Parmenion’s Ethical Growth product, while Carmignac Emerging Markets has been added to both Ethical Growth and Screened Growth. The funds have strict ethical exclusions and strong ESG integration.
This article originally appeared in our sister publication, Portfolio Adviser
