Quantitative equities investment boutique Redpoint Investment Management has become a member of the Investor Group on Climate Change (IGCC), a collaboration of Australian and New Zealand investors focusing on the impact climate change has on the value of investments.
Redpoint IM chief executive officer, Max Cappetta, said membership of IGCC is a logical step for the firm. The Sydney-based asset manager is already a signatory to the United Nations Principles for Responsible Investment (UN PRI) and has a research framework compatible with the reporting framework of the Global Reporting Initiative (GRI).
