Responsible investment skills always desirable, says RIAA
Responsible Investment skills are becoming career essentials for financial services industry professionals around the globe, according to the Responsible Investment Academy director, Neb Jovicic.
His comments come as the Academy announces the launch of its first programs, which are a part of the Responsible Investment Association of Australasia’s (RIAA’s) bid to improve education standards within the financial advice sector.
Jovicic said global markets were now at an inflection point where any individual making investment decisions needed a practical knowledge of environmental, social and governance risks and opportunities, and the insights available through responsible investing.
“We are rapidly reaching the stage where employers will consider demonstrable knowledge and skills in these areas to be essential attributes for analysts, portfolio managers and asset owners,” he said.
Earlier this month, RIAA partnered with the Financial Planning Association to educate its members about responsible investments.
The RI Academy, also backed by the Financial Services Council and Association of Superannuation Funds of Australia, will launch its programs at the RIAA conference next month.
Recommended for you
With the final tally for FY25 now confirmed, how many advisers left during the financial year and how does it compare to the previous year?
HUB24 has appointed Matt Willis from Vanguard as an executive general manager of platform growth to strengthen the platform’s relationships with industry stakeholders.
Investment manager Drummond Capital Partners has announced a raft of adviser-focused updates, including a practice growth division, relaunched manager research capabilities, and a passive model portfolio suite.
When it comes to M&A activity, the share of financial buyers such as private equity firms in Australia fell from 67 per cent to 12 per cent in the last financial year.
