Insto roundup: Dai-ichi Life buys $119m climate bond; Singapore's PropertyGuru to merge with Richard Li-backed Spac
Hesta reports record 23% return for sustainable growth option; Aware Super reaches $110 billion in AUM; People's Bank of China to continue supporting ESG bonds; US-based Generate raises $2 billion from international pension funds; Korea's CWMAA looking to hire for foreign infra mandate; Temasek enters $103m JV with nanotech firm; and more.
AUSTRALIA
Industry superannuation fund Hesta announced a 23.03% return for its sustainable growth investment option for the financial year ended June 30.
Over a rolling 10-year period, the option delivered an 11.28% per annum return, compared with the fund’s 10.18% return for its high growth option, and 8.87% for its balanced growth option over the same timeframe.
“This is a fantastic result for members, and a testament to the outstanding investment expertise of our team and…
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