This year’s top 10 stories included a peek into AustralianSuper’s international equities build out in London, AMP’s move to slash employee benefits, and plenty of hard-hitting analysis of the issues that matter in institutional investment. But the real story is how readers helped shape all of that coverage.
Orbis’ Stuart Place is riding from Melbourne to the Moon and Back to fund a treatment for the “monster of a disease” that his youngest son was born with. The investment industry is rallying behind him.
Redpoint nabs ART sustainability veterans
Boutique global equities house Redpoint has boosted its impact investing capabilities with two key appointments from the newly-merged Australian Retirement Trust (ART).
Hunter Page and Chris Parks have joined Redpoint as portfolio managers as the boutique looks to provide a “distinct investment strategy to leverage the opportunities presenting from sustainable development and the global transition to a less carbon intensive economy.”
At ART, Page was responsible for managing the Socially Responsible Investment Option and oversaw its growth from $320 million to $960 million. Prior to joining ART, he was head of new business at impact investment manager Regnan, now part of Pendal Group. He also developed and implemented UBS’ global ESG strategy in Zurich, Switzerland.
Parks was a sustainable investment strategist at ART, responsible for developing and implementing the fund’s approach to managing climate risk, including aligning the fund to net-zero and “the ambitions of the Paris Accord”. He was previously an ESG analyst at Credit Suisse and Regnan, and has held ESG analyst roles with MSCI and ANZ.
“With the addition of Hunter and Chris to the team, Redpoint is now well placed to expand on its existing responsible and impact investment capabilities, blending the deep global knowledge that they bring with our active quantitative approach,” said Redpoint CEO Max Capetta. “This expertise will enable us to provide our clients with strategies that have a positive financial, environmental and societal impact while also remaining aligned to our proven investment disciplines.”
Page studied impact investment at Oxford Saïd Business School, while Parks holds a master’s degree in environmental management from the University of New South Wales. He is also pursuing further studies in climate change at the Australian National University.
“We support Redpoint’s decision to expand its investment capabilities to include impact specific strategies because we believe such strategies matter,” said GSFM CEO Damien McIntyre. “The aspiration of achieving a higher standards of governance and stewardship for investor capital is in everyone’s best interests.
“The appetite for impact investing is set to increase over the next decade, and with investment professionals of the calibre of Chris and Hunter joining the firm, Redpoint will have a strong, well-resourced team to develop and manage these strategies to meet the needs of investors.”
