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Ashburton Investments, the asset management arm of the FirstRand Group, has launched the Ashburton Core Plus Income Fund which offers a higher yield than traditional corporate money market funds.
Investment strategies that are built on specific ethical factors are not new. The principles underpinning environmental, social, and governance (ESG) investment predate the 1960s.
Medieval mapmakers supposedly wrote “Here Be Dragons” (Hic Sunt Dracones in Latin) to indicate unexplored regions. However, there are in fact no surviving maps that show this, apart from a single 16th century globe.
Passive sustainable funds are growing strongly. But investors in these funds are at risk of a mismatch between what they expect and the reality of what they receive.
The strongest deterrent against FSP compliance missteps is or should be: