CSAM chief won’t deny boutique rumours

Aberdeen has already announced its global equities process will take over from the Capital International process, for which CSAM had been retail distributor and currency manager since 1997. The move has inspired Capital International to address Australia more directly, using Singapore-based Mark Speciale to try and convince as many investors as possible to stay with it and not migrate to Aberdeen. Speciale also plans to service institutional clients more directly, with pending implications for the National Capital Alliance joint venture with nabInvest.

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Australia’s greenwashing fix has a greenwashing problem

ASFI’s sustainable finance taxonomy was meant to make greenwashing harder. But with the framework now being piloted by a slew of asset owners, banks and rating houses, there are lingering questions as to whether it does the opposite.

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