Australia’s pure-play ethical investment manager continues to increase its scale with benefits for those who invest in its managed funds and superannuation investments.
Funds under management at Australian Ethical have soared by almost 50 per during the last financial year to $9.2 billion as the strength of the brand stands out against the regulatory crackdown on some its rivals.in growing funds under management, there was growth in net inflows of almost $500 million during the year to June 30, 2023.
“You do have a whole raft of disclosures and marketing spin that companies put out there in terms of green or social credentials ... but you have to be able to look beyond what is [written] on the box,” Piper says. “We do everything we can to ensure that what we are saying to our consumers is clear and accessible,” says Piper, also chair of the Responsible Investment Association Australasia.“[Asset managers] have a profoundly impactful role to play in contributing to solutions to ... the planet’s most complex issues,” he says.
Australian Ethical had closely scrutinised the plans for the development and engaged with Lendlease, whose shares are listed on the Australian Securities Exchange, since 2018.Brendan O’Brien, head of NSW Communities at Lendlease, says the vision for Gilead is that it becomes an exemplar of sustainable urban development and strategic land use for conservation.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Why investors are flocking to this $9bn ethical super fundAustralia’s pure-play ethical investment manager continues to increase its scale with benefits for those who invest in its managed funds and superannuation investments.
Read more »
Why investors are flocking to this $9bn ethical super fundAustralia’s pure-play ethical investment manager continues to increase its scale with benefits for those who invest in its managed funds and superannuation investments.
Read more »
Why young Chinese adults are choosing to become 'full-time children'With her newly founded clothing company struggling amid China's economic downturn, 31-year-old Zhang Jiayi decided to join the trend of young Chinese adults becoming 'full-time children'.
Read more »
'It is the most important state': Why South Australia could make or break the Yes campaignVoice supporters believe they need South Australia's backing to get the referendum over the line, but there's scepticism about the proposal among the state's Indigenous community.
Read more »
Transmission line project not yet approved, so why are farmers already being offered compensation?Landholders along the alignment of the Western Renewables Link have begun receiving compensation offers before the energy transmission project has been fully assessed or received approval to proceed.
Read more »
Why we should be dying to get our eulogies rightClapping should be mandatory at funeral services. For every life a standing ovation. Eulogies are like our earthly CVs.
Read more »