AFM Investment Partners is moving into the responsible investment space, eyeing opportunities with European fund managers.
The boutique fund manager's head of responsible investment Gordon Noble is currently in Europe meeting fund managers with a view to adding new managers to its line-up.
"Our assessment is that there are a number of high-quality investment managers operating globally that have significant expertise in incorporating environmental, social and governance factors into their investment processes," Noble said.
"There are also significant opportunities opening up in alternative investment areas including clean tech and carbon."
AFM Investment Partners managing director John Donovan said there was interest from trustees and other decision makers in the superannuation industry.
"At this stage we're not sure if we're going to put our own products together but we're open to suggestions," Donovan said.
According to Donovan, Noble's appointment last year kickstarted their foray into the responsible investment space.
"We wouldn't be going down this path unless we were working with Gordon. It's hard to find people who have the track record that Gordon has in this space," Noble said.
Prior to his appointment at AFM Investment Partners, Noble worked for industry super fund Cbus and is currently the principal of Responsible Investment Consulting.
Other managers in the AFM stable include Davis Funds, Bellwether, Trilogy Capital Group, Fortune and DFJAthena.
