Adviser to launch ethical fund of funds

Jeremy Newbegin, (pictured) a director at The Ethical Partnership, set up the Eden SRI Balanced Fund in the summer of 2010 with the help of Sanlam. The fund is currently only available through Sanlam's product range but in January it is being converted into an open ended investment company (OEIC) to enable access from most fund platforms. Way will administer the Eden SRI Balanced OEIC and discretionary management will be by Paul Warner, managing director of Minerva Fund Managers. The fund will be promoted by SRI Investment Services. The fund will have both accumulation and income u...