Industry super fund Energy Super has appointed Robeco a $650 million global equity enhanced indexing mandate.
Their indexing strategy aimed to deliver better than market returns after costs whole integrating value, momentum, quality and sustainability factors in the investment process.
The mandate was managed by Robeco’s Quantitative Equities team, which consisted of more than 40 portfolio managers and quantitative researchers.
Stephen Dennis, head of Robeco Australia, said the appointment by Energy Super followed the strategy’s strong performance track record.
“This strategy is an attractive solution for superannuation funds looking for enhanced market returns, while improving the sustainability profile of their portfolios,” Dennis said.
Australia’s second largest super fund has added thermal coal companies to its list of investment exclusions.
The fund has expanded its corporate superannuation solutions to partner with Australian businesses of all sizes.
The chief executive of Aware Super anticipates a significant shift in how ESG factors will influence portfolio values in the next six years, surpassing the changes witnessed in the past two decades.
In a recent statement, shadow assistant minister for home ownership and Liberal senator for NSW, Andrew Bragg, accused ‘big super’ of fabricating data attributed to the Reserve Bank of Australia to push their agenda.
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