AXA IM Sustainable Equity strategy added to CFS FirstChoice

Oksana Patron

8 December 2022

AXA Investment Managers has announced that its Sustainable Equity strategy has been added to Colonial First State (CFS) FirstChoice platform.

The AXA’s strategy, which was first launched in Australia in 2014, would complement their broader responsible investment offering which included the Clean Economy strategy and the Green Bond strategy.

The Sustainable Equity strategy was launched for wholesale investors, and according to the company it was one of the first responsible investing options in Australia, is an actively managed global equity strategy offering exposure to stocks “with superior earnings quality and less volatility, while also fully integrating environmental, social, governance (ESG) insights into the selection of investments”.

It also comprises actively managed large-cap equities with a specific focus on climate change and robust company ESG profiles through a responsible investment filter, proprietary ESG analysis and active engagement and voting.

“We are excited that our flagship Sustainable Equity strategy has been added to CFS’ highly regarded FirstChoice platform. It’s a testament to our responsible investment credentials given our over 20 years of experience of investing responsibly,” Michelle Lacey, AXA IM head of client group Core, Australia, said.

“We are proud to continue our relationship with CFS and are excited to see strong growth in demand for responsible investing in Australia.

“This is another important milestone in the growth of the AXA IM Australian business, creating more avenues for investors to benefit from a low volatility defensive strategy for their portfolio offering, while also investing in companies that are leading the way to more sustainable world.”