Investment re-allocation

The reporting season is almost over and we have re-allocated the amount to be invested in equity investments based on our assessment of their financial, environmental, social and corporate governance profiles.

Tassal Group remains our key investment, allocated up to 8% of the total portfolio. Other key equity investments in order are Energy Action, TPG Telecom, SMS Management and Technology One. The telcos and IT companies continue to dominate. This is based on their outstanding financial value, although Tassal would still win on financial strength alone even if its green credentials were not considered.