The latest offerings in investments, such as funds and structured products, and other notable developments.

Close Brothers Asset Management
Close Brothers Asset Management is adding two new sustainable funds following demand from clients and intermediaries.

The Close Sustainable Balanced Portfolio Fund will be managed by head of funds Riitta Hujanen and investment manager Richard Stroud, with the goal of providing capital growth with income over the medium term, investing in shares, bonds, alternatives, ETFs, and third-party funds.

Managed by investment director Andrew Metcalf and investment manager Eran Hasson, the second, the Close Sustainable Bond Portfolio Fund (previously the Close Bond Income Portfolio Fund), will invest in bonds, third-party funds, and other fixed income securities. Its aim is to generate consistent long-term returns by screening out unethical practices while focusing on investment opportunities with positive ESG and sustainability records, the UK asset manager said. Both funds will be available on the firm's platform and other major platforms.

“Investors and clients are becoming more aware of how their money can affect the world around them and increasingly want to invest in ways that reflect their concern and respect for the natural environment, for human dignity and for responsible corporate behaviour. We are launching these new funds to meet this demand,” Martin Andrew, chief executive said.