Momentum Global Investment Management (MGIM) is to add a sustainable managed portfolio service to its MPS range.

The new sustainable MPS will be offered alongside existing core strategies.

The sustainable MPS was developed following feedback from Financial Planners who have seen a recent surge in investor demand for strategies that balance commercial and ESG concerns.

The Momentum Sustainable Portfolios offering consists of three actively managed, risk-rated multi asset model portfolios that are intended to mirror the headline asset allocation of Momentum’s existing core MPS.

• Sustainable Managed Portfolio 4 will offer a balanced strategy with a sustainability focus, aiming to deliver UK CPI + 4% per annum over the longer term

• Sustainable Managed Portfolio 5 will offer a moderate strategy with a sustainability focus, aiming to deliver UK CPI + 5% per annum over the longer term

• Sustainable Managed Portfolio 6 will offer a growth strategy with a sustainability focus, aiming to deliver UK CPI + 6% per annum over the longer term

Each portfolio includes between 18-20 funds.

The Sustainable MPS carries a DFM charge of 0.25% and will initially be available on the Aviva, Quilter and Standard Life platforms.