UK disability charity Scope has appointed Cazenove Capital, the wealth management business of Schroders, as its new investment manager.

Cazenove Capital has been awarded an investment mandate with the aim of helping the charity develop an investment strategy that is aligned with its goal of campaigning for an equal future for disabled people.

Scope will be investing in the SUTL Cazenove Charity Sustainable Multi-Asset Fund, which was established six years ago and manages £2bn on behalf of its clients, as at 31 December 2024.

The fund recently announced plans to adopt the Financial Conduct Authority’s Sustainability Disclosure Requirement ‘Sustainability Focus’ label.

Alongside its investment strategy, Scope will be partnering with Cazenove Capital and Schroders to include disability employment in discussions with the companies they invest in and explore other opportunities to work together.

“We are delighted to be working with Scope, who share our commitment to sustainable investment and inclusion,” commented Cazenove Capital portfolio director – sustainability and impact, Emily Peterson.

“Our aim is to deliver a financially successful and sustainable investment portfolio, while benefitting from Scope's expertise to help Schroders meet its own ambitions for inclusion and diversity.”

Scope chief financial officer, Anna Burman, added: “Cazenove Capital’s approach to ethical investing, influence in the market and significantly weighting investments towards environmental, social and governance issues were a key part of our decision for Scope to move our investments to the SUTL Cazenove Charity Sustainable Multi-Asset Fund.

“Scope’s mission is to campaign for an equal future with disabled people and a key element of that is working with businesses to improve disability employment and attitudes in the workplace.

“We believe this should be included in ethical investment discussions along with the new reporting and disclosure requirements in this area. While our investments must generate a reasonable return for the charity, where possible they should also be used to support our goals.”

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