Christian Super grows impact investing footprint

28 June 2019
| By Hannah Wootton |
image
image
expand image

Christian Super has become Switzerland-based responsAbility Investments AG’s first international shareholder, acquiring a significant minority share in the impact investing company, which focuses on United Nations Sustainable Development Goal (SDG)-aligned assets in emerging economies.

responsAbility managed US$3 billion in assets through a range of private debt and private equity funds that were aimed to promote the growth of owned companies in inclusive finance, renewable energy and sustainable agriculture over 90 emerging economies.

Through this investment, Christian Super hoped to deepen its support of the impact investing sector. The super fund was already well-recognised as a leader in this space, having been recognised by the Global Steering Group on Impact Investing as inaugural Asset Owner of the Year.

responsAbility chair, Reto Schnarwiler, was excited to work with an institutional investor committed to the same values as the asset manager.

“We are delighted to welcome Christian Super as one of responsAbility’s shareholders, further broadening and internationalizing the company’s shareholder base,” Schnarwiler said. “This is an important mark of recognition for responsAbility, as we have attracted the interest of a committed impact investor far beyond our original home market.”

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

2 hours 40 minutes ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

4 days 21 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 5 days ago

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

9 months 2 weeks 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 ago

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

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND