NEWS UPDATE: 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
The top five licensees are demonstrating a “strong recovery” from losses in the first half of the year, and the gap is narrowing between their respective adviser numbers.
With many advisers preparing to retire or sell up, business advisory firm Business Health believes advisers need to take a proactive approach to informing their clients of succession plans.
Retirement commentators have flagged that almost a third of Australians over 50 are unprepared for the longevity of retirement and are falling behind APAC peers in their preparations and advice engagement.
As private markets continue to garner investor interest, Netwealth’s series of private market reports have revealed how much advisers and wealth managers are allocating, as well as a growing attraction to evergreen funds.
 
							 
						 
							 
						 
							 
						 
							 
						

 
							