The Armstrong Residential High Yield fund has formalised its carbon strategy, renewing its focus on socially and environmentally responsible investment.
Ian Fairbairn, fund manager at Armstrong, which is based on the Isle of Man, has developed a new mission statement, following months of working towards achieving its objective. The fund, which invests in residential property for social housing, student accommodation and private tenants in the UK, has introduced a number of initiatives including the installation of insulation and environmentally friendly light bulbs. Fairbairn said it had been a positive move for both tenants of the properties and investors: He said: “You can deliver solid returns to investors but still do that on a sociall...
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