Australian Ethical plans to acquire Altius Asset Management to enhance its sustainable investment capabilities and expand its offerings in the ethical investing sector.

Information on the Target

Altius Asset Management is a specialist firm focused on sustainable cash and fixed interest investments, managing diverse portfolios of Australian and New Zealand cash and fixed interest securities. Established in 2011 as a joint venture with Australian Unity, it became a wholly-owned subsidiary of Australian Unity in 2017. Altius is recognized for pioneering sustainable fixed interest investments in Australia, having launched its sustainable bond fund in 2014 and Australia’s first green bond fund in 2020. The company remains dedicated to delivering regular income while maintaining low capital volatility for its investors.

Industry Overview in Australia

The Australian investment management industry is increasingly focusing on sustainable and ethical investing practices. Investors are shifting from traditional investment approaches towards those that prioritize social impact, environmental stewardship, and responsible governance. This shift is reflected in the rising demand for funds that incorporate ESG (Environmental, Social, and Governance) criteria, which has led to a growing selection of ethical investment products available in the Australian market.

In recent years, the Australian government has implemented initiatives to encourage sustainable finance, including the establishment of green bonds and other financial instruments that support the transition to a