Christian Super has awarded Robeco a $100 million mandate for its Enhanced Indexing Equities strategy, citing the asset manager’s environmental, social and governance (ESG) investment experience as a key factor in its decision.
“Christian Super is delighted to be partnering with Robeco as we continue to deepen the integration of ESG factors across our investment portfolio,” the super fund’s chief executive, Ross Piper, said. “Our organisations share a deep commitment to responsible investment, and a long track record of integrating sustainability factors into the way we invest.”
The strategy offered an alternative to passive investing for investors looking for stable outperformance after costs with a low tracking error, as well as integrating ESG criteria.
The profit-to-member super funds are officially operating as a merged entity, set to serve over half a million members.
Super Review announced 21 winners at the annual Super Fund of the Year Awards, including the recipient of the prestigious Fund of the Year Award.
A research firm has given UniSuper a glowing review, praising its strong leadership and “compact team”, as well as its “creditable governance” structure.
Assistant Treasurer Stephen Jones has defended the government’s plan to modestly cut tax concessions for Australia’s wealthiest superannuation accounts, saying it is a “fairer outcome”.