POWERED BY MOMENTUM MEDIA
GBST launches ESG ratings tool
GBST has partnered with Corporate Analysis Enhanced Responsibility (CAER) to launch a quantitative tool to assist superannuation funds and fund managers in managing risk around environmental, social and governance (ESG) issues.
The product provides a set of 12 ESG factors that superannuation funds and fund managers can incorporate into their investment strategy.
According to GBST quantitative data services' Kathy Taylor-Hofmann, the Australian super industry is becoming increasingly conscious of incorporating ESG principles into their investment processes.
As well as providing access to current ESG and human rights-related information, the offering can also identify ASX300 companies that may not meet the ESG principles, allowing fund managers to avoid such companies in the portfolio construction phase.
"Its (the product's) use will not be limited to socially responsible investment portfolios but mainstream equity funds too," CAER chief executive Duncan Paterson said.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Coalition, which has pledged to reverse any changes if it wins next year’s election.
In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges.
Chant West analysis suggests super could be well placed to deliver a double-digit result by the end of the calendar year.
Specific valuation decisions made by the $88 billion fund at the beginning of the pandemic were “not adequate for the deteriorating market conditions”, according to the prudential regulator.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
