Australia sees ESG investment double

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AUSTRALIA - Investments taking environmental, social, ethical or governance issues into account outgrew mainstream investing by more than double last year, according to the Responsible Investment Association Australasia (RIAA).

Total funds under management invested in responsible investments grew 43% in the year to June 2007, from $13.52bn to $19.39bn. Louise O'Halloran, director at RIAA said: "The growth and performanc...

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