Carbon trading The past year has been tough for Australia’s still-developing responsible investment sector, as it has for the funds industry generally, but a combination of factors – from the legislative to the social – are poised to drive a new era for the industry.
According to the Responsible Investment Association of Australia (RIAA), assets under management in responsible investment strategies fell 6 per cent in the 2007-08 financial year from A$18.7bn (£9bn, €10.5bn, US$14.7bn) to A$17.6bn.
