Innovest to provide Five Oceans with research
Five Oceans Asset Management has chosen Innovest Strategic Value Advisors, a rater of publicly held companies, to provide specialist research for its business.
The agreement will complement Five Oceans’ own investment research process by supplying an evaluation of a company’s sustainability management.
Innovest rates companies based on a variety of non-traditional risk factors, such as environmental, social and strategic governance issues, with particular emphasis on competitiveness, profitability and share price performance.
Five Oceans believes these factors provide a good barometer of the long-term value a company is likely to deliver to shareholders.
Innovest chief executive Bill Hartnett said he was delighted to be involved with Five Oceans.
“They are representative of the increasing number of far-sighted mainstream fund managers that are recognising the role that non-traditional as well as traditional investment risk measures play in driving company value,” he said.
Recommended for you
While the number of advisers switching tends to tick up at the end of the year, Padua Wealth Data reveals which business model sees the most adviser loyalty.
Private credit, auditor misconduct and super trustees have been listed among ASIC’s priorities as the regulator unveils its top focus points for the coming year.
Melbourne-based investment manager Woodbridge Capital has appointed an origination director for south-east Queensland, strengthening its foothold in the region as part of its national expansion strategy.
Barings has appointed a new head of Asia Pacific to succeed Duncan Robertson, who will retire after almost two decades with the firm.
