Impact analysis for real assets and the building out of a new benchmarking framework for carbon emissions are two internal projects that will bring a deeper ESG focus to the soon-to-be rebranded fund's investment team.
Australian asset owners and fund managers lead the world in ESG integration best practice, according to the Canadian based research and analysis firm Sustainalytics. The prominence of domestic mining companies in Australian equity portfolios has forced Australian investors to engage on climate change and the issue of stranded assets, rather than simply divesting. While he […]
The recently launched Good Super is dedicated to pursuing investments that overcome the “grand challenges” in Australian society, writes RACHEL ALEMBAKIS. Aron Ping D’Souza, executive chairman of Good Super, believes superannuation provides the combination of time, money, and intent needed to answer “grand challenges” facing Australian society. If it invests wisely he believes it can […]
Rigorous Environmental, Social and Governance (ESG) management can deliver an extra 40 basis points per month according to Saker Nusseibeh, CEO and head of investment at Hermes Fund Managers. “Where it [ESG] really matters for performance is in consistently avoiding bad governance. You can add 40 basis points per month… Per month!” Nusseibeh told a […]
Unisuper has issued a ‘buyer beware’ warning on the prospects of its high performing Global Environmental Opportunities fund. The fund has attracted the attention of members after it returned 45 per cent after tax to the end of September for a small group of members who now invest $85 million within it. It is entirely […]
This is a speech recently given by Peter Lambert, chief executive of Local Government Super, to delegates of the Australian Institute of Superannuation Trustees’ Australian Superannuation Investment conference on the merits of divesting from companies making unethical products or whose actions damaged the environment. It was in 2000 that Local Government Super (LGS) decided it […]
Responsible investment is dominated by political correctness and is being pushed through by super funds with too little debate, according to Jack Gray, adjunct professor of finance at the Paul Woolley Centre for Capital Markets Dysfunctionality at the University of Technology Sydney. Talking to the annual Fund Executive Association Limited National Conference in Melbourne, Gray […]