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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

State funds and environmental investing

Posted on 10 August 2010

From Reuters: An Australian local government superannuation fund has become the latest state-owned fund to invest in environmental funds. Investing in ethical investing serves a multitude of objectives, especially for sovereign wealth funds keey to be accepted in the West.
Local Government Super (LGS), which manages around A$6 billion in assets for 100,000 local government employees in New South Wales, has invested A$50 million ($45.96 million) into a portfolio which invests in small cap environmental technology stocks, run by London-based Impax Asset Management……………………………………….Full Article: Source

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