NEWS UPDATE: Aberdeen’s green forecast

13 February 2008
| By Justin Knight |

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.

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

Chris Cornish

By having trustees supervise client directed payments from their pension funds, Stephen Jones and the federal Labor gove...

1 hour 30 minutes ago
Chris Cornish

Now we now the size of Stephen Jones' CSOLR tax, I doubt anyone will be employer any new financial adviser from this poi...

1 hour 36 minutes ago
JOHN GILLIES

Amazing ! Between the beginning of licencing Feb 2002 and 2008 this was a very good stable industry.Then the do-gooders...

20 hours 40 minutes ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months 1 week ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND