Aberdeen’s green forecast
Aberdeen Asset Management has signed on to the United Nations Principles of Responsible Investment (PRI) in an effort to help encourage the investment community to put greater emphasis on environment, social and governance (ESG) issues.
Commenting on the move, Aberdeen senior investment manager Andrew Preston said addressing ESG issues now will put the business in a stronger position to influence and change companies it invests in, both in Australia and in international markets.
“While the principles are voluntary and aspirational rather than prescriptive, signing up to the PRI highlights Aberdeen’s commitment to strengthen its analysis of these issues and the impact they have on our investments,” he said.
Recommended for you
Insignia Financial has announced the status of the two private equity bidders as due diligence comes to an end, with one bidder opting to pull out.
The corporate regulator has cancelled the AFSL of a Queensland-based financial services provider, having held the licence since mid-2016.
The financial advice industry has reacted to the appointment of Dr Daniel Mulino as the new Minister for Financial Services, with hopes for improvements in legislation and education standards.
With less than one-third of Australian business owners seeing an adviser, Business Health has detailed how advice practices can successfully target this underserved client segment.
