Acorns launches ethical portfolio
Micro-investing app, Acorns, has furthered its commitment to sustainability with the launch of its new ethical investment portfolio, the Emerald Portfolio.
The portfolio is fully diversified across asset classes and geographical regions, including Australian equities, international equities, bonds, and cash.
Acorns Australia chief executive and managing director, George Lucas, said one the greatest frustrations his firm increasingly heard from their customers was the challenge of knowing where their money was being invested.
“Acorns is a product designed with the consumer in mind, whether it’s helping them to invest in markets, improve financial literacy, or find money to invest. The Emerald Portfolio furthers this goal by providing users with an engaging option that empowers them to invest according to their values,” he said.
“Millennials are more attuned to the social impact of their actions than other demographics and are driving the interest in sustainable investment. However, they also don’t want to give up their ability to get returns.”
Recommended for you
Momentum Media’s wealth publishing network is pleased to announce the launch of the annual Australian Wealth Management Summit 2025.
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.
