Wellington Management has launched the Wellington Universal Vision fund, a global multi-factor equity fund with an environmental, social and governance (ESG) tilt.
This actively managed Ireland-domiciled Ucits fund seeks to provide long-term total returns, relative to the MSCI All Country World Index, by investing across the universe of global equities. It aims to generate alpha by investing in factors (baskets of securities with common characteristics) associated with long-term excess returns.
The fund's investment vision combines discretionary risk management, a systematic approach to security selection and an ESG tilt applied to security allocation.
The new strategy is managed by Tom Simon and Gregg Thomas, who are responsible for the day-to-day portfolio management. Together, they have over 40 years' investment experience. Simon and Thomas are supported by a specialist investment team that conducts research on market trends, fundamental manager risk characteristics, portfolio construction, capital allocation and risk management.