Christian Super grows impact investing footprint

christian super

28 June 2019
| By Hannah Wootton |
image
image
expand image

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.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 month ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

1 month ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 months 1 week ago

ASIC has taken action against a Queensland adviser who was sentenced last May for misappropriating $1.8 million from his clients....

3 weeks 4 days ago

AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...

3 weeks 4 days ago

A former Insignia Financial C-suite exec has taken on a leadership role at MUFG Retirement Solutions as it announces chief executive Dee McGrath will depart after six yea...

3 weeks 5 days ago

TOP PERFORMING FUNDS