Brooks Macdonald widens availability of ESG service

Advisers will now be able to access its service on the Aviva, Novia and Standard Life platforms


Joe McGrath

Brooks Macdonald has launched its Responsible Investment Service on the Aviva, Novia and Standard Life platforms.

In a media announcement on Wednesday, the wealth management group said it was making the managed portfolio service available for three risk profiles: low to medium, medium and medium to high.

The service was originally launched in October 2018, but the introduction on platforms will broaden the availability to investment advisers, the company said, enabling fund selectors more options for clients who are interested in sustainable investment approaches.

“We’re delighted to start the New Year by broadening the availability of our Responsible Investment Service by making it available on platforms,” Ben Palmer, head of the Responsible Investment Research Team, said in the statement.

“This is an exciting and important area of investment for the future, and we are continuing to evolve our offerings in this sphere.”

Palmer leads the team in charge of the service, which is integrated with the company’s centralised investment approach. Its Advance strategy invests in funds that aim to solve sustainability issues or that have strong policies and outputs relating to environmental, social and governance criteria.

Jonathan Webster Smith, the company’s head of Multi Asset Investing said that offering the service on platforms combines the company’s core portfolio management service and research strengths together with its “innovative” and “forward thinking” investment approach.

He added: “We’re pleased to be able to offer further support to advisers by launching our RIS on platforms, which provides a diverse, multi-asset approach to sustainable investment.”




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