Rogerscasey Inc. has launched its first multimanager offering in Australia.
The fund, called 'Global Sustainable Solutions', is available as a separate account for large funds or as an offshore commingled vehicle. It will be based on environmental, social and corporate governance ESG principles.
Tim Barron, Rogerscasey's chief executive, is planning to visit Australia this month and to meet with several superannuation fund executives who have expressed interest in the product.
"We believe our ESG-oriented research process has identified a unique blend of investment strategists that have successfully integrated analysis of financial and sustainability factors in structuring portfolios," he said in an interview earlier this month. "Our multimanaged program is being reviewed by a consultant and we have meetings planned with a trustee board and several investment management committees of super funds."
The ESG strategy involves managers who use positive screens seeking companies committed to sustainable and responsible investment practices. It aims for similar risk-return parameters as mainstream mandates.
"Global Sustainable Solutions represents a move to provide Australian investors with direct access to Rogerscasey's broader solutions that are focused on assisting investors to adapt to the rapidly changing market environment," Mr. Barron said.
"The worst thing an investor can do now is to not embrace the notion of sustainability and the importance of change for our world," he added. "Some time in the not-too-distant future we think it will be considered fiduciarily irresponsible not to include sustainability as a core investing principle."
Greg Bright is publisher of Investment & Technology, a monthly publication based in Sydney that is written for professional investors in Australia.