Bell Asset Management has announced the launch of the Bell Global Sustainable Fund for retail and wholesale investors in Australia in response to increased demand for ESG strategies.
The actively managed fund invests in a concentrated portfolio of about 40 global companies that Bell Asset Management has identified as leaders in incorporating ESG principles into their operations.
Bell Asset Management CIO Ned Bell said that the new fund maintained the firm’s strong commitment to ESG integration.
“With the rise of responsible investing in Australia, investors are increasingly seeking investments that reflect their values and goals to address a variety of pressing environment and social issues, including climate change, labour issues and governance,” said Mr Bell.
“The launch of our Global Sustainable Fund is a natural progression for us as it is strongly supported by our investment style.”
According to Bell Asset Management, the fund targets ESG characteristics that are “far superior” to its benchmark MSCI World Ex Australia Index and currently has a carbon footprint that is 74.7 per cent lower than the benchmark.
In its first review of the Bell Global Sustainable Fund, research house Zenith Investment Partners awarded it a “recommended” rating.
“We believe integrating ESG factors into our investment process delivers superior long-term returns,” said Mr Bell.
“As stewards of our client’s capital, active ownership and engagement is vital to not only the success of our investments but also is in the best interests of our investors.
“We actively engage with companies to understand ESG risks and to influence their behaviour on ESG matters.”
The firm is committed to the United Nations Principles for Responsible Investment and is also a member of the Responsible Investment Association of Australasia.
