Instreet initiates strategic partnership
Investment manager, Instreet Investment, has entered a strategic partnership with Impact 20/80 to develop and promote a new ethical investment product.
The company announced the partnership would involve the development of the Emerald Club and its flagship product, The Emerald Wrap, as an ethical platform for responsible investing.
Confirming the move, Instreet managing director, George Lucas, said the firm had identified a need for increased skills and leadership to improve the Emerald Wrap.
"The partnership with Impact 20/80 is a great opportunity for continued development, and represents our commitment to customers and partners to improve and develop effective, socially responsible investment products and solutions," he said.
Impact 20/80, which offers financial, advisory, investment and funds management services in the Impact Investment sector, was created by Michael Brookes, Lisa Wade and Matthew Dent to provide innovative co-created financial solutions for institutional and retail investors that generate financial returns in a socially and environmentally responsible way.
"The Emerald Wrap provides an avenue for such investment," Lucas said.
Recommended for you
JANA Investment Advisers has made several internal promotions and new appointments across its research team to bolster its position in the market.
SQM Research’s former head of research, Rob da Silva, has joined an investment consulting and analytics firm to drive the expansion of its research coverage.
AFCA has confirmed its chief operating officer, Justin Untersteiner, will be departing the organisation in March to take up a CEO role.
Minister for Financial Services, Stephen Jones, has announced he will be retiring at the upcoming federal election.
