Investors to nab green shares
The National Australia Bank’s nabCapital division has launched a sustainable investment option for wholesale investors, which will provide exposure to a basket of 20 ASX-listed companies selected for their corporate governance and sustainable business practices.
Commenting on the Sustainable Notes Series, nabCapital chief John Hooper said “our first issuance of Sustainable Notes enables investors to gain from the underlying financial performance of those leading Australian companies that demonstrate sound governance and management of environmental and social factors”.
The stocks in the sustainable portfolio have been independently assessed and the offer is expected to be available until March 7, 2008.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.
