The Ethical Advisers’ Co-operative has seen funds under management increase more than 15% to more than $3.13 billion invested with Adviser members.
The EAC’s Annual Report for 2022 highlights the increasingly important role its members are having in shaping the ethical investment landscape in Australia and New Zealand, with its members providing advice to 4,374 clients.
EAC Chair Terry Pinnell commented that, “Ethical investment is a growing segment of the investment market. The level of ethical funds under management (FUM) is growing every year as existing advisers add more FUM, and new advisers come into the ethical arena.”
The Annual Report highlights the Leaf Ratings developed by the Co-op.
The ratings provide an accessible source of information for the public, advisers and fund managers about how well Co-op members perceive ethical, sustainable and responsibly labelled funds live up to their promises.
This is a particularly relevant resource in light of growing concerns around greenwashing.
“Fund managers want to be rated because they understand that receiving a Leaf Rating from our advisers is kudos you cannot buy,” EAC Chair Terry Pinnell said.
Click here to view the 2022 Annual Report.
ABOUT THE ETHICAL ADVISERS’ CO-OPERATIVE LTD
The Ethical Advisers' Co-operative Ltd (EAC) is a member-operated organisation created to help communicate the intention and benefits behind ethical investment.
The EAC aims to help investors understand ethical investment and to help investors find a specialist ethical investment adviser to help plan for retirement, manage their superannuation or investment portfolio.
Tim Fitzpatrick | EAC Director