Socially Responsible Investor of the Year - Futuregrowth
For the third consecutive year, the Principal Officers Association (POA) teamed up with UK-based publisher, Global Pensions, to host the Imbasa Yegolide Awards for 2011.
The Awards ceremony gave Principal Officers the chance to acknowledge those who have provided their funds with excellent service. Futuregrowth Asset Management was recognised for its leadership in socially responsible investments (SRI) and was voted Socially Responsible Investor of the Year for 2011.
Futuregrowth has a long track record of providing access to innovative investment opportunities for retirement funds. Some of the projects Futuregrowth has funded include:
• Eduloan, which provides student loans at affordable rates
• Care Cross hospital group, which provides affordable healthcare to patients who would not normally be able to afford medical aid
• SAFE Farm Ventures, funded by Futuregrowth’s Development Equity Fund, which promotes sustainable land reform and commercial agricultural farmland development in SA.
• Bridge City shopping centre, which services residents of Inanda, Ntuzuma and KwaMashu in KZN
Futuregrowth believes that business has a significant role to play in transformation in South Africa; a belief demonstrated by its ethical principles, empowerment philosophy and development funding in under-serviced areas over more than a decade.
Angelique Kalam, Futuregrowth’s SRI manager said, “We are honoured to receive this award. For the last 15 years Futuregrowth has endorsed SRI as being relevant and a desirable investment channel for pension funds.
“Our SRI funds have made a significant contribution to the social and economic development of our country.
“We are proud of this contribution and would like to thank all our clients for making this possible through their continued support.”
Amongst the judging panel for this year’s awards ceremony were Marc Ashton of Finweek; Stephen Cranston of the Financial Mail; Allan Greenblo, of Today’s Trustee and M. Nicolas J. Firzli, Managing Director of the World Pensions Council (WPC).
