Quilter Cheviot will be renaming its sustainable investment funds as it adopts the ‘Sustainability Focus’ label as part of the Financial Conduct Authority’s (FCA) Sustainability Disclosure Requirements (SDR) regime.

From 8 September, its Climate Assets funds will be called Quilter Cheviot Sustainable Opportunities, with the existing Balanced and Growth funds both taking on the new name.

The funds were launched in 2010, with the Growth fund added in 2022, and have been managed by Claudia Quiroz since inception.

She is supported by Caroline Langley, Harry Gibbon, and the wider Quilter Cheviot sustainable investment team.

The Sustainable Opportunities Balanced and Growth funds both meet the requirements for the ‘Sustainability Focus’ label, which Quilter Cheviot said demonstrated the team’s robust sustainable investment process.

The firm decided to adopt the Sustainable Opportunities name as it felt it best described its approach to finding sustainable investment opportunities across the funds’ five investment themes: clean energy, food, health and well-being, resource efficiency, and water.

“We have championed sustainable investment for over 15 years and are proud that these efforts mean we now meet the criteria for applying the ‘Sustainability Focus’ label to our funds,” commented Quilter Cheviot head of sustainable investment and lead manager of the funds, Claudia Quiroz.

“The FCA’s SDR represent an important development for the industry, helping to improve transparency and enabling investors to identify those with a credible approach to sustainable investment.

“The label recognises the robust management and processes that were already in place and our tried and tested sustainable investment philosophy, and this will not change.”

Quilter Cheviot deputy manager of the funds, Caroline Langley, added: “Sustainable investing has had its ‘coming of age’ moment as labelled funds bring clarity and confidence there’s a credible approach.

“Sustainable Opportunities as a name better conveys how sustainability is hardwired into the funds’ objectives, helping with consumer understanding, a key element in producing good client outcomes.

“Crucially the new name makes it crystal clear to investors that the funds invest in a broad range of opportunities targeting sustainability themes that guide our focus.

“The themes, clean energy, food, health and well-being, resource efficiency and water have been at the heart of the process since 2010.

“As a key part of being eligible to use the ‘Sustainability Focus’ label, companies are determined as sustainable using revenue alignment with the UN Sustainable Development Goals.

“These two multi-asset funds offer investors a straightforward route for those wanting to invest sustainably, while catering for different risk profiles.”

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