POWERED BY MOMENTUM MEDIA
Equipsuper joins Clean Energy Council
The multi-sector super fund Equipsuper has announced it has joined the Clean Energy Council (CEC) to get a better understanding of the energy sector.
The fund, which manages assets of over $14 billion for over 75,000 members and their employers, said that many of its existing employers were CEC members therefore its ‘active involvement’ would provide a platform to build awareness among new entrants.
Equip’s executive officer, strategic marketing and communications, Geoff Brooks said: “Investment in the renewables sector is now in full swing.”
“As the preferred fund for many in the sector, we have not only keep communications channels between Equip and our stakeholders transparent and frequent, but also engage at an industry level through organisations like the CECC to gain that vital helicopter.”
The fund also said it decided not to divest of fossil fuel investments as many of its major participating employers with existing assets in fossil fuel generations and resources were also among the leaders in Australian investment in renewable energy.
“There is no doubt the transition to more sustainable forms of power generation now has significant momentum and we are fully supportive of an orderly transition that takes into account impact on employment, communities and maintenance of power supply, as well as on climate and environment,” Brooks said.
Recommended for you
Michael Lovett, who left the investment firm just three months after launching its Vanguard Super offering, has taken up a chief executive role at an Australian asset manager.
The Central Bank of Ireland has granted the approval of Equity Trustees’ exit from its Irish operations, with the transaction expected to be complete on 30 April.
Super returns continued to climb in March, raising hopes of delivering double-digit returns by June depending on the performance of this next quarter.
The dedicated super fund for emergency services and Victorian government employees is under fire for unpaid entitlements to transport employees, which could exceed $40 million.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
73.88 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
Add new comment