Cazenove Capital, the wealth management business of Schroders in the UK, has been named as Scope’s new investment manager, helping the organisation to develop an investment strategy that is aligned with its mission of campaigning for an equal future for disabled people. Scope aims to transform attitudes to disability, tackle injustice and inspire action.
Emily Petersen, Portfolio Director – sustainability and impact, Cazenove Capital, commented:
“We are delighted to be working with Scope, who share our commitment to sustainable investment and inclusion. 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 will be investing in the SUTL Cazenove Charity Sustainable Multi-Asset Fund, established six years ago today, which now manages £2 billion on behalf of its clients (as at 31st December 2024). The fund has recently announced its plans to adopt the FCA’s Sustainability Disclosure Requirement (SDR) ‘Sustainability Focus’ label.
Anna Burman, Chief Financial Officer, Scope, commented:
“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.”
Approximately one in four people in the UK are disabled 1. Scope works with businesses to improve disability employment and attitudes in the workplace. In addition to their 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.
