POWERED BY MOMENTUM MEDIA
Christian Super wins Impact Asset Owner title
Christian Super, which began impact investing in 2006, has been awarded the Impact Asset Owner of the Year in 2020 from the Australian Impact Investment Awards.
The superannuation fund said it “expressed a desire to invest not just in ways that avoid harm, but that actively promote human flourishing and creation care”.
As a result of this, the fund has currently a diverse impact portfolio approaching 10% of total assets, that spans a variety of sectors and geographies, it said.
Christian Super’s impact investing portfolio was overseen by Brightlight, an impact investment specialist firm that is focused on the delivery of the Sustainable Development Goals.
“We are honoured to have the fund’s ongoing focus and practice in impact investing recognised with this award. For many years Christian Super has been a pioneer in impact investing, working hard to invest our members’ money in line with their values and beliefs,” Christian Super’s chief executive Ross Piper said.
“Our impact portfolio contributes to strong positive social and environmental impact in Australia and around the world, all whilst still delivering strong risk adjusted financial returns.”
The Australian Impact Investment Awards are a collaboration between the Impact Investment Summit Asia Pacific and the Impact Investing Hub (developed and managed by the Social Impact Hub) and they recognise organisations and individuals with expertise, commitment and outstanding activity in the Australian impact investing ecosystem.
Recommended for you
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
ASIC chair Joe Longo says superannuation trustees must do more to protect members from misconduct and high-risk schemes.
Super fund mergers are rising, but poor planning during successor fund transfers has left members and employers exposed to serious risks.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.24 3 y p.a(%)
4
Pengana High Conviction Equities B
40.36 3 y p.a(%)
5
Pengana High Conviction Equities A
40.34 3 y p.a(%)
