Russell Investments expands Sustainable Managed Portfolio suite
  • Russell Investments bolsters Sustainable Managed Portfolio range, adding Conservative, Diversified 50 and High Growth options
  • Expanded range mirrors Russell Investments’ core Multi-Asset offering
  • Broadens advisers’ ability to benefit from managed account efficiencies

Sydney, 29 August 2023 – Leading global investment manager and solutions partner, Russell Investments today extends its range of Sustainable Managed Portfolios, meeting growing adviser demand for sustainable investment solutions.

The expanded range mirrors Russell Investments’ core range of Multi-Asset Managed Portfolios, adding Conservative, Diversified 50 and High Growth options.

The three new options enable advisers to maintain alignment with clients’ sustainability values, for all levels of risk appetite, while benefiting from the advantages of a managed account structure.

Neil Rogan, Russell Investments Head of Adviser & Intermediary Solutions in Australia said:

"Demand for sustainable investment solutions continues to grow among advisers and their clients. By broadening the investment options available through our Sustainable Managed Portfolios, Russell Investments is catering to those investors and advisers who wish to invest according to their values."

Constructed as multi-asset managed portfolios, the new options give retail and wholesale investors access to some of the world’s leading investment managers and strategies seeking a positive sustainable outcome.

The Sustainable Managed Portfolios are designed to target lower carbon emissions and enhanced ESG outcomes compared to the relevant benchmark1. The portfolios blend exposures to listed securities, managed funds and exchange traded funds with the aim of meeting both investment and sustainability objectives.

Russell Investments’ Sustainable Managed Portfolios are accessible through multiple investment platforms. In addition to the Sustainable Managed Portfolios, Russell Investments’ core range of Multi-Asset Managed Portfolios will also be available through other platforms later this year.

Today’s announcement demonstrates Russell Investments’ commitment to offering investors broad responsible investing solutions, including the Russell Investments Australian Responsible Investment ETF (ASX: RARI). Established in 2015, RARI has total net assets of more than $313 million. Russell Investments has been a signatory to the United Nations Principles for Responsible Investment since 2009, and the firm manages more than A$55 billion in ESG assets globally2. In 2023, Russell Investments plans to expand its sustainable investing offering across a broad range of product categories, including ETFs.

1 The portfolios have exposure to predominantly managers and strategies that seek to have positive sustainable outcomes compared to the portfolio’s benchmark. Refer to the Product Disclosure Statement (PDS) for more information about the benchmark and ESG considerations for the portfolios. A PDS can be obtained by contacting the relevant platform operator(s).

2 As at March 2023