Morningstar’s sustainable managed accounts now certified by the Responsible Investment Association

Launched earlier this year, Morningstar Investment Management is pleased to announce that its sustainable managed accounts are certified by the Responsible Investment Association Australasia (RIAA).

“This independent certification by the RIAA validates Morningstar Investment Management’s commitment to including ESG principles across its investment process,” Chief Investment Officer Matt Wacher said.

“Our commitment to these principles is underpinned by Morningstar’s long-term valuation driven investment approach. While our focus is still on building robust, highly diversified multi-asset portfolios that help investors maximize the probability of achieving their goals, we are proud to offer managed accounts that align with an investor’s ESG preferences and values,” Matt added.

Simon O’Connor, CEO at RIAA, said: “RIAA’s Responsible Investment Certification Program differentiates quality, true to label responsible investment products which meet the Responsible Investment Standard. We congratulate Morningstar for meeting the high benchmark set for Certification for its Sustainable Managed Portfolios.”

Research from Investment Trends¹ also revealed that one-third of advisers are now prioritising ESG investing while 55 per cent believe that ESG investing will be part of their portfolio construction.

The sustainable managed accounts are already available on the Praemium, Macquarie and HUB24 platforms.

The portfolio invests across a range of asset classes such as shares, property, infrastructure, bonds, and cash with ESG considerations being core to the process. This is done by using a combination of tools, including individual securities, exchange traded funds, and managed funds. The ESG exclusions applied to the portfolio include the elimination of oil, gas and consumable fuels and services, tobacco, casinos and gaming industries.

About Morningstar Investment Management
Morningstar Investment Management brings together power houses in ESG research, investment data and investment management by drawing on the combined research, experience and track records of Morningstar Equity Research, Morningstar Indexes, Sustainalytics, and Morningstar Investment Management.

1. Investment Trends Adviser Product Survey, December 2021

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