CCLA Asset Management, which invests money on behalf of almost 12,000 C of E clients, including parishes, dioceses, and cathedrals, has launched a new fund that will be open to individual investors.

With £14 billion of assets under its management, and 30,000 institutional clients, CCLA is the UK’s largest charity investment manager. The new CCLA Better World Global Equity Fund is open for private investors, and will mirror the ethical-investment strategies currently used for church and charity funds.

The fund has been “seeded” with £230 million from investments already managed by CCLA.

CCLA’s chief executive, Peter Hugh Smith, said that it had launched the fund in response to requests from the trustees of existing clients, who “expressed interest in investing their personal money into CCLA’s funds. Individual investors can now join CCLA’s Good Investment journey and invest alongside our Church, charity, and public-sector clients so that, together, we can invest to create a better world.”