POWERED BY MOMENTUM MEDIA
Investors looking for responsible super funds
More and more Australians are looking to “future-proof” their super through responsible options, Responsible Investment Association Australasia’s 2014 Benchmark Report reveals.
The comprehensive report into the responsible investment sector found the market has undergone a period of huge growth, with total funds under management in Australia and New Zealand in broad responsible investments increasing by 13 per cent to $153 billion in 2013.
“Between the long-term delivered value, out-performing mainstream funds and increased demand for responsible investments, this report is again putting to bed the myth that responsible investments are the underperforming and undervalued younger brother,” said Simon O’Connor, CEO, RIAA
“Many Australians took a hit in their personal savings during the global financial crisis and are looking for future-proofed investing.
“This report is great news for Australians investing with a focus for financial security, as responsible investments have outperformed average fund returns in all categories over the last five and ten years.”
Highlighting the increased demand for responsible investments, the report revealed that the total assets under management (TAUM) in responsible investment funds had increased for the first time in a decade, from 1.6 per cent to 2.3 per cent.
“Pleasingly, for the first time in a decade, the report shows a small but significant increase in people choosing to invest their money responsibly, with a distinct increase in public demand for responsible investments,” RIAA said.
“With the growing public interest and scrutiny of superannuation, we expect this to be the start of a continuing upward trend.”
AUTHOR
Nicholas O'Donoghue
Nicholas is a journalist for Money Management and Super Review. Nicholas has several years experience as a journalist, reporting and managing websites for various news publications covering the medical and pharmaceuticals sector.
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
44.46 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(%)
