POWERED BY MOMENTUM MEDIA
HESTA appoints responsible investment GM
Health industry super fund HESTA has appointed Kim Farrant as general manager responsible investment, commencing 12 July.
Farrant would report to Mary Delahunty, head of impact, and work within the investment management team to progress the fund’s responsible investment strategy and broader impact ambitions.
She was previously head of environmental, social and governance (ESG) and hospitality industry fund Hostplus, where she led its approach to responsible investment across all asset classes and was responsible for its Socially Responsible Investment Balanced Option.
She also previously worked at VicSuper as portfolio manager for responsible investments.
Before moving into the superannuation industry, she was a director in EY’s climate and sustainability team.
Farrant said she was excited to join HESTA’s leading responsible investment team and pleased to have the opportunity to collaborate with the broader HESTA team on innovative solutions that further embed impact within the investment approach.
“Rio Tinto’s destruction of the Juukan Gorge caves and the AMP sexual harassment scandal highlight the need for investors to manage environmental, social and governance issues appropriately to protect and enhance long-term value for super fund members,” Farrant said.
“HESTA has been a leader in responsible investing for many years and I’m looking forward to continuing this work, which will make a real difference to members’ financial futures.”
Recommended for you
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role.
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement.
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investment expertise in-house.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
74.26 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
