“There is a lack of consistency and regulation in how funds report ESG investments and how ESG principles are integrated into their investment decisions and strategy and the impact this has on their returns.”
This was important given the growth of responsible investing which now accounted for 37% of $3.135 billion in assets under management, according to the Australian Bureau of Statistics (ABS).
“Stronger, more consistent guidelines and more information sharing would reduce the risk of misleading marketing claims about ESG investing,” Waring said.
“It would also push investor ESG preferences more effectively through fund managers down to the individual investee companies where many key decisions are being made.”
Atlas Advisors Australia
Investment manager Atlas Advisors Australia is calling for better use of migrant investment funds under a key visa program with the aim to fill critical gaps in venture capital and ailing industries in regional areas.
Executive Chairman of Atlas Advisors Australia, Guy Hedley said Australia should use the Investor Visa program to channel funds to struggling regional economies just as the United States does under its own highly-competitive EB-5 program.
Applicants to the 188B Investor Visa must participate in a complying investment framework which currently requires that only AUD$1.5 million be invested in an Australian State or Territory bonds where there is no shortage of demand, so little benefit results.
How to get a better deal for Australia under Business Innovation and Investment Program miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
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Attracting investment for venture capital is key to driving recommendations of Financial & Technology Centre Advisory Group Report
Atlas Advisors Australia
Australia must create better incentives to attract business and investment from Asia including Hong Kong to help boost our economy and global competitiveness.
This is an important theme of a recent report based on the recommendations of the “Australia as a Financial & Technology Centre Advisory Group” to the Australian Government by Senator Andrew Bragg.
The Australia as a Financial & Technology Centre Advisory Group is a group of leading industry advisors including Atlas Advisors Australia who convened with Senator Bragg in August 2020 to advise on the best path forward for strengthening Australia as an Asia-Pacific business and financial services hub.
Atlas Advisors Australia and Uniseed increase stake in Ena Respiratory miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.