Redpoint hires ESG leaders from ART

Redpoint Investment Management has recruited two ESG specialists to lead the boutique fund's impact investing efforts.

Hunter Page and Chris Parks join from Australian Retirement Trust (ART, formerly QSuper) and both have over a decade's experience developing and implementing investment strategies that target improved environmental and social outcomes.

Their departure from the $230 billion super fund follows the recent appointment of Nicole Bradford as head of sustainable investment, joining from Cbus.

At ART, Page was responsible for managing the socially responsible investment option which grew from $320 million to $960 million under his management.

Before working at QSuper, he was the head of new business at Regnan, an impact investment manager which is now part of the Pendal Group.

He has also worked at UBS, where he developed and implemented its global ESG strategy, and ABN AMROas an analyst.

Parks was most recently a sustainable investment strategist at ART, responsible for developing and implementing the fund's approach to managing climate change risks and opportunities, including aligning the fund to net-zero and the ambitions of the Paris Accord.

Earlier in his career, Parks was an ESG analyst at Credit Suisse and Regnan.

He has also held ESG analyst roles with MSCI and ANZ Bank.

Redpoint chief executive Max Cappetta said adding the duo to the team will expand the firm's responsible and impact investment capabilities.

"This expertise will enable us to provide our clients with strategies that have a positive financial, environmental and societal impact while also remaining aligned to our proven investment disciplines,' he said.

"Hunter joins the team with a breadth of experience as a sustainable and impact investment specialist spanning Australia, the United Kingdom, the United States, and Switzerland in wealth management, asset management, and superannuation roles.

"Chris joins us with deep sustainable investment experience as a climate change and impact investment specialist across investment banking, asset management, and superannuation.

"Together, we look forward to providing investors with a distinct investment strategy to leverage the opportunities presenting from sustainable development and the global transition to a less carbon-intensive economy, while also meeting our client's investment performance objectives," he added.

Damien McIntyre, head of GSFM - which owns a 49 percent stake in the quantitative equities specialist - said the appointments add further expertise to what is already a highly capable investment team.

"We support Redpoint's decision to expand its investment capabilities to include impact-specific strategies because we believe such strategies matter. The aspiration of achieving a higher standard of governance and stewardship for investor capital is in everyone's best interests."