social and governance

Investment Strategy

Australian investors set global example on ESG

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 […]
Hedge Funds

ESG rethink can add 40 basis points per month: Hermes

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 […]
CIO profiles

Profile: Craig Turnbull CIO Local Government Super

Some of Local Government Super’s ideas on ESG arise from a requirement that even its most red-blooded active manager must research it as part of their investment process. Chief investment officer, Craig Turnbull, says: “We will only use managers that think about ESG factors when making their investment decisions, so that it is making a […]
FEAL Annual Conference

Jack Gray: responsible investment debate censored

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 […]
Hedge Funds

We’re all stakeholders, says Hermes CEO

It’s not common to sit in an industry seminar and hear a chief executive utter the words, “Firstly, let me appeal to your hearts”, yet this was the central currency to Hermes CEO Saker Nusseibeh’s keynote at last week’s environmental, social and governance-themed ACSI conference. Addressing a diverse industry crowd, with several major fund CEOs […]