Morley Fund Management and Delta Lloyd Investment Managers, both asset managers in the Aviva Group, have launched the first active socially responsible investment (SRI) mutual fund in Germany.
The fund is currently being marketed and is the first actively managed 'sustainability' fund for global equities to satisfy the criteria for transparency required by the German regulator, Bundesanstalt für Finanzdienstleistungsaufsicht. The fund invests in companies that are seen to have sustainable development potential.