Equity Trustees to act as RE for ‘deep green’ fund manager
Equity Trustees (ET) has announced that it has been appointed as the responsible entity (RE) for Haven Wealth Partners, which recently launched Australia’s first “deep green” ethical investing fund.
Haven’s flagship, value-focused and ethical Haven Wealth Partners Ethical Absolute Return Fund looks to apply both stringent positive and negative screens on its investments, ensuring that it only invests in companies that contribute to making a “significant change for the better”.
ET has said that they aim to ensure the fund can focus on developing a best-in-class portfolio by taking on the responsibility of securing Haven from the pitfalls associated with ESG investing without sufficient regulatory consideration.