Christian Super grows impact investing footprint
Christian Super has become Switzerland-based responsAbility Investments AG’s first international shareholder, acquiring a significant minority share in the impact investing company, which focuses on United Nations Sustainable Development Goal (SDG)-aligned assets in emerging economies.
responsAbility managed US$3 billion in assets through a range of private debt and private equity funds that were aimed to promote the growth of owned companies in inclusive finance, renewable energy and sustainable agriculture over 90 emerging economies.
Through this investment, Christian Super hoped to deepen its support of the impact investing sector. The super fund was already well-recognised as a leader in this space, having been recognised by the Global Steering Group on Impact Investing as inaugural Asset Owner of the Year.
responsAbility chair, Reto Schnarwiler, was excited to work with an institutional investor committed to the same values as the asset manager.
“We are delighted to welcome Christian Super as one of responsAbility’s shareholders, further broadening and internationalizing the company’s shareholder base,” Schnarwiler said. “This is an important mark of recognition for responsAbility, as we have attracted the interest of a committed impact investor far beyond our original home market.”
AUTHOR
Hannah Wootton
Recommended for you
The second tranche of DBFO reforms has received strong support from superannuation funds and insurers, with a new class of advisers aimed to support Australians with their retirement planning.
The financial services technology firm has officially launched its digital advice and education solution for superannuation funds and other industry players.
The ETF provider has flagged a number of developments as it formally enters the superannuation space through a major acquisition.
While all MySuper products successfully passed the latest performance test, trustee-directed products encountered difficulties.
