Investment Magazine organised a roundtable of some of the most prominent thinkers on the subject of social impact investing to share ideas on how more of the $2 trillion invested in superannuation could do some social good.
The question was asked whether members of super funds would be upset if there was not any equivalent local social investment. For Christian Super, with its long history of overseas investments in developing countries, the answer was a definite no.
“We’ve never asked ourselves that question because we don’t think our members care whether it’s in Australia or overseas. I’m not sure that Australians are so domestic biased that they’re not interested in social impact overseas,” says Tim Macready, chief investment officer of the $1 billion fund.