POWERED BY MOMENTUM MEDIA
NGS Super signs ACSI Stewardship Code
NGS Super has committed to responsible investing by voluntarily signing the Australian Council of Superannuation Investors’ (ACSI) Stewardship Code.
The Code was designed to increase the transparency and accountability of stewardship activities in Australia and provides guidance to asset owners.
Signatories were obliged to publish a Stewardship Statement on their website to illustrate how they intend to comply with its core principles of disclosure, company engagement, financial system advocacy, exercising voting rights, and monitoring of asset managers.
NGS Super chief executive, Laura Wright, said she believed the principles of the code would protect super members and enhance its long-term value. She said the fund already regularly engaged with fund managers on issues such as responsible investing, human right and gender equality.
“Promoting sustainable value-creation in all companies that NGS Super invests in is of utmost importance, especially in order to give our members the best retirement outcome.
“We believe we can exercise our ownership rights to further protect and enhance long-term value for members and the approach of the Code and its six principles are complementary to the nature, objective and purpose of superannuation.
“For the fund, disclosure is a key focus that allows investors to better understand, evaluate and assess potential risk and return.”
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(%)
