Australian Retirement Trust invests $1 billion in Macquarie green energy fund

Australian Retirement Trust has tipped $US650 million into a Macquarie green energy fund, marking its first so-called impact investment intended to deliver high returns to members while contributing to the betterment of society.

The $350 billion industry super fund giant said its decision to award the mandate to a Macquarie-run fund, which invests in clean energy projects in developed markets, came after a year-long global search.

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