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Eco Investor February 2015
Editorial
Changes at Eco Investor
With this edition, Eco Investor is changing its editorial focus to concentrate
on Australian environmental equities. This includes core, pre-dividend,
pre-profit, pre-revenue and unlisted securities.
There are two reasons for the change.
Until now Eco Investor has endeavoured to cover the range of environmental
investments and asset classes including property, fixed interest, and
international equities. But so much is now happening with these sectors
that even covering just the main trends is not feasible.
The green property asset class has grown spectacularly since Eco Investor
commenced in 2005. Developments are now underway across all types of properties
from suburban apartments and houses, urban planning and green infrastructure
to rural properties and land care, national parks and nature corridors,
control of weeds and feral animals, and protection of native wildlife
and landscapes. It is wonderful for environmentalists and environmental
investors that so much is happening in this asset class. But it also means
that covering even just the main trends let alone the details is beyond
a small publication like Eco Investor.
Fixed interest has been the slowest asset class to offer environmentally
positive investment options. In the past few years the green bond market
and particularly the issue of international clean energy and climate related
bonds has taken off in a dramatic way, but it is likely to be some years
before there is a good range of choice open to the Australian retail investor.
Fixed interest is a very different asset class to property and equities
and the serious fixed interest investor like the serious property investor
needs more coverage than Eco Investor can realistically provide.
International green equities has always been a large sector, huge compared
to the Australian sector, and beyond our resources to cover widely let
alone fully. However, we will continue to cover Australian based international
funds and companies, and we may still from time to time include other
stories about international equities, particularly as they affect Australian
equities.
Along with the growth of these sectors, the second reason we are refocusing
is that there has also been good growth in the number of other publications
covering these asset classes. When I started Eco Investor in 2005, I did
a wide ranging national and international internet search and found only
a handful of publications that were covering environmental investment
and environment related business. That has changed dramatically and there
are now a huge number of sources, some free, some by subscription.
In those early days Eco Investor tried to fill the gap with a wider editorial
sweep that also included News and The Future column on research, both
of which were dropped in 2010 when we refocused as a purely investment
related publication.
So this is not our first refocus. With both changes, the trend, as with
the wider world, has been to greater specialization. Australian green
equities have always been Eco Investor's core skill, and we will continue
to provide the most comprehensive coverage available of local environmental
equities. In line with our policy from day one and my 15 years of reporting
on the venture capital sector, this will continue to include unlisted
companies and their commercialization of new technologies and business
ideas.
Eco Investor's niche in the publishing and financial services sectors
is providing news, research and commentary that can help investors, especially
small to medium sized investors, interested in Australian listed and unlisted
environmental equities. It's a worthwhile mission in a technologically,
financially and ethically exciting area.
As always, reader feedback on these changes and other issues is welcome.
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