CoreData expands team to focus on ESG research

Australian Ethical CoreData Andrew Inwood research house

28 March 2024
| By Laura Dew |
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CoreData has appointed Angus Dennis from Australian Ethical Investment to lead research into responsible investment.

Dennis was previously the investment director at Australian Ethical where he led its institutional channel, and spent eight years at Vanguard Australia and 14 years at AMP Capital. 

This is his second stint at CoreData as he once worked there for a year in 2013 leading its research into self-managed superannuation funds (SMSFs).

The new role for Dennis will include leading CoreData’s work on responsible investment, ESG and ethical investment, providing research-led advisory services to support financial services participants, and bringing specialist industry experience to support growth and sustainability outcomes.

CoreData founder, Andrew Inwood, said: “This is a vexed area of conversation depending which market you are in but it’s important and when dealing with nuance, it’s important to have an expert guide.”

Dennis stated: “It’s excellent to be joining Andrew and the fantastic CoreData global team leading a new dedicated area focusing on advising financial services businesses in the responsible investment, ESG, ethical investment area.

“It’s an area that I have been involved in for over 20 years and brilliant to be bringing CoreData’s leading market analysis capabilities to an even greater focus in this important field, to support the industry in its growth and sustainability contribution.”

Research by the Responsible Investment Association of Australasia (RIAA) earlier this year surveyed over 2,000 Australians and found 88 per cent of the respondents said they expect their investments to be responsible and ethical, up from 83 per cent in 2022. 

Only 5 per cent of Australians said they have negative perceptions about responsible investing, and 76 per cent said they would consider moving funds if their current option did not align with their values.

Late last year, the research consultancy appointed Dean Thomas as its chief executive for Asia-Pacific. Thomas previously held roles including head of growth markets at MetLife Australia, chief advice officer at FinChoice and managing director at Hillross Financial Services. 

He is also a former board member of the Association of Superannuation Funds Australia (ASFA) and sat on the Treasury’s governance working group as part of his work with the Financial Services Council (FSC). 

The firm also announced a three-year partnership with technology platform Praemium to enhance Praemium’s existing offering and collaborate on educational resources, webinars and workshops designed to empower Praemium clients.

CoreData was founded by Inwood in 2002 as a global market research consultancy helping financial services companies support growth and transformational change.
 

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