AMP on top of sustainability
AMP Capital Sustainable Share Fund has been named ethical investor fund of year in the 2007 Australian Sustainability Awards.
While it did not top performance tables, nor was it assessed to be the ‘deepest green’ fund, the AMP fund scored highly on a weighted average of these factors.
Research firm Lonsec rated the AMP fund above its competitors for its ability to integrate sustainability factors into the investment approach, for its willingness to drive a holistic investment vision based on the sustainability of company activities and for the depth of research the company invested to further its sustainability, among other benefits.
Funds eligible for entry to the award program were those currently rated by Lonsec, which then scored those firms separately and weighted 50 per cent to retrospective performance measures and 50 per cent to point-in-time qualitative observations.
Recommended for you
Rising advice fees has prompted Radar Results to increase its price guide to a minimum of $3,000 per client to reflect the changing shape of the adviser landscape.
Investment consultancy Ascalon Capital has appointed a new partner, who joins from 20 years at Zenith Investment Partners, as well as a new chief executive amid a “bold new chapter” for the firm.
Despite the perception that short-term market events shouldn’t affect portfolio decisions, Praemium research finds 60 per cent of advisers have made portfolio changes in response to US President Donald Trump’s decisions.
International advice group Findex has appointed a senior individual to spearhead its M&A and growth operations across Australia and New Zealand, seeking to make the brand a household name.
