Stoic Venture Capital partner Geoff Waring welcomed the Australian government’s proposed review of the tax treatment of venture capital funds as a key measure to help lift the nation’s economy and global competitiveness amid COVID-19, announced during the budget.
Fund managers should be subject to more rigorous standards to ensure their disclosures about environmental, social and governance (ESG) investing are accurate, according to Stoic Venture Capital.
Stoic Venture Capital has committed to further bulking up its healthcare investments as the prevalence of chronic disease such as cardiovascular disease continues to rise.
Stoic Venture Capital Partner Geoff Waring said more investors were turning to socially responsible investing strategies that allocate more towards companies in sectors such as healthcare and technology addressing climate change.
More investors are turning to responsible investing strategies that allocate towards fledging companies in healthcare and technology, according toStoic Venture Capital partner Geoff Waring.
"Recent disasters such as the pandemic and NSW floods and bushfires have led more investors even further towards socially-responsible investing," says Geoff Waring, partner at Stoic Venture Capital, which funds early-stage businesses arising from university research.
