The new addition bolsters Apostle’s leadership in the impact, ethical and net zero space ahead of the launch of its Global Carbon Credit fund.

AFM’s Managing Director Karyn West said, “We are thrilled to welcome Luke and his strong leadership to the Apostle team. Luke’s rare technical skill set and deep sector expertise with global carbon markets is critical to our strategic positioning in providing solutions to our clients.”

Mr Donovan joins Apostle with over 15 years’ experience in the energy finance sector. His extensive experience began with his decade tenure at Origin Energy, building Australia’s largest industrial customer portfolio in energy and carbon trading.

Mr Donovan was most recently Executive Director of Carbon and Power Markets at Commonwealth Bank of Australia (CBA). Where he was responsible for CBA’s Carbon Emissions trading globally and pivotal to establishing its presence in the Australian Carbon Market.

Speaking on his appointment Mr Donovan said, “I was seeking to partner with a fund distribution and product management group that could support the creation of products relevant to this market amid shifting demand. Apostle is a great natural fit, I welcome a collaborative partnership in delivering sophisticated products and services to the institutional market in global carbon markets.

I look forward to working together with Apostle and believe we can provide uniquely positioned alpha oriented products to meet the demands of institutional markets.”

Building on the appointments of its first Chief Operations Officer Eric Chu and ESG advisor Kylie Parkyn this year, the announcement reinforces Apostle’s growing investment product suite following the launch of its People and Planet fund and Ethical High Yield Credit Fund.

Ms West continues, “We have the right expertise and the right products to deliver institutional grade ethical and impact strategies for our clients. We have seen an enormous shift in demand from clients and we felt there was a limited selection in the market to meet new sustainable requirements.

This is why we have curated a team of specialists to support our holistic investment strategy. We are focused on the future of investing and believe you can create positive real-world outcomes without sacrificing financial returns.”

The post Apostle Funds Management appoints former CBA Executive as Partner, Global Carbon Markets appeared first on AdviserVoice.