By Susanna Rust2020-12-14T14:14:00+00:00
Osmosis Investment Management has been chosen by Australia’s Commonwealth Superannuation Corporation for the development of a resource efficient equity strategy for the Australian pension market.
According to Osmosis, the portfolio was developed through collaboration and targets exposure to its proprietary resource efficiency factor within a 70bps ex-ante tracking error, while replicating the style, industry, currency and risk exposures of the benchmark – MSCI World (ex-Australia).
In an update on its website, A$50bn (€31bn) Commonwealth Superannuation Corporation said: “Osmosis have a robust, effective and objective way to reduce ESG risk and aims to optimise our investment exposure to companies that use water and energy efficiently and reduce waste.”