UK-based wealth management firm LGT Vestra now has £1 billion in assets under management for its sustainable model portfolios, three years since it launched them in November 2018.

It is believed the shift in sentiment towards sustainability by governments and individuals, which was amplified during the pandemic, has accelerated the growth of the sustainable portfolios. 

Also, the FCA’s recent announcement of the Sustainable Disclosure Regulation may further increase demand in the sustainable proposition from financial advisers as they will be required to document clients’ preferences beyond purely financial ob...