POWERED BY MOMENTUM MEDIA
AusUnity launches green bond fund
Australian Unity has launched its Green Bond fund, backed by the Clean Energy Finance Corporation and clients of Crestone Wealth Management.
Managed by Altius Asset Management, Australian Unity’s in-house cash and fixed interest team, the fund would invest in a mix of green, social and sustainable fixed interest securities with the purpose of helping to lower carbon emissions.
The firm said it was seeing increased interest in responsible and sustainable investments.
Bill Bovingdon, chief investment officer at Altius, said last summer’s bushfires had brought climate change to the forefront of people’s minds.
“A devastating bushfire season has brought the climate crisis conversation to the fore as investors seek ways of putting their money to work with investments that can make a positive difference,” he said.
“We believe there is a growing interest in what is already a sizeable market. A number of large Australian super funds, implemented asset consultants and general insurers have all expressed interest in green debt markets.”
CEFC chief executive Ian Learmonth said: “There is strong demand for responsible investment products among Australian investors. We are at the cusp of a long-term trend toward sustainable finance and market leaders such as Australian Unity will be a key part of this transition.
“Investment products that provide market returns as well as positive environmental outcomes offer an attractive way for institutional and wholesale investor capital to support Australia’s transition to a low emissions economy.”
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Recommended for you
Governor Bullock took a more hawkish stance on Tuesday, raising concerns over Trump’s escalating tariffs, which sent economists in different directions with their predictions.
Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one of the companies’ fastest growing trustee services.
Following growing criticism of the superannuation industry’s influence on capital markets and its increasing exposure to private assets, as well as regulators’ concerns about potential risks to financial stability, ASFA has released new research pushing back on these narratives.
A US-based infrastructure specialist has welcomed the $93 billion fund as a cornerstone investor.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.62 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
