The Kleinwort Benson Tomorrow's Company Exempt Trust, launched yesterday by the firm's investment management arm, is seeking to give investors "superior, sustainable, long-term returns" at a time when inflation and gross domestic product are expected to show only minimal growth.
The announcement of the fund follows research by Kleinwort Benson Investment Management showing that a model portfolio of companies fitting the RSA team's criteria would have significantly outperformed the FTSE All-Share index between December 1992 and June 1996.
Brennan Hiorns, chief investment officer at Kleinwort Benson Investment Management, said that the investment process behind this model complemented the firm's research-based approach to fund management.
Paul Sheehan, who will manage the new fund's investments, said: "This product is innovative because it broadens the scope of the investment process."
Among behaviourial aspects the firm will look at are communciating the company's values; identifying key sources of sustainable success; and placing a value of key relationships with groups such as customers, suppliers, the community and, above all, employees.Reuse content