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Wealth managers under pressure on returns, ESG: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
Clients are demanding more from their wealth management, both in terms of returns and in terms of ESG investments, according to research from Accenture. Accenture's Towards the Markets of Tomorrow: Capital Markets Vision 2025 notes that globally, the ...

Record FUM growth at Australian Ethical

ELIZABETH MCARTHUR  |  THURSDAY, 26 AUG 2021  |  NEWS
Fund manager and super fund Australian Ethical enjoyed record annual growth in its funds under management and announced a dividend in its results. With net inflows of $1.03 billion during the year driving FUM up to $6.07 billion, the company announced ...

Conscious Investment Management grows team

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
Conscious Investment management has hired Tenielle Jordan as vice president, investment legal. In this role, Jordan is responsible for oversight of legal matters across its investments. Jordan is an experienced transactional and corporate lawyer and ...

CEFC invests in specialist disability accommodation

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
... a disability. The CEFC has committed the investment towards the SDA platform created and managed by Macquarie Asset Management. The homes are customised for people with high physical support needs which, with the CEFC's support, will be combined with ...

Andrew Forrest steps up No Pain No Fear campaign

RACHEL ALEMBAKIS  |  FRIDAY, 20 AUG 2021  |  NEWS
... Western Australia, focusing on the ecology of pelagic wildlife, and on the implications for conservation and fisheries management. Pelagic wildlife inhabit open coastal waters. "We are destroying these populations at a rapid rate around the world," Forrest ...

Opinion: Mind the gap: Investors continue to stall on climate action, despite sentiment confirming its risks

DAVID KLAUSNER  |  FRIDAY, 20 AUG 2021  |  NEWS
... from Singapore. In December 2020, the Monetary Authority of Singapore released its Guidelines on Environmental Risk Management for asset managers, banks, and insurance companies. These outline how financial institutions will need to develop environmental ...

Cultural factors influence ESG approaches: Morgan Stanley Investment Management

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
... ESG factors depending on the cultural nuances or jurisdiction of the investor, according to Morgan Stanley Investment Management. Local geographic and cultural factors impact on how markets and investors view ESG, said Laura Bottega, lead portfolio specialist ...

Assessing animal testing as a governance issue: Vontobel

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
... still face questions over animal welfare that point to overall business governance quality, according to Vontobel Asset Management. An estimated 10 million animals are still put through tests involving severe pain every year, noted Sudhir Roc-Sennett ...

UniSuper updates progress on net zero target

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
... companies involved in the production, generation, or transmission of coal, oil or gas) with over $12 billion in funds under management across these options. The Global Environmental Opportunities (GEO) option, investing in companies who earn most of ...

New Forests hires head of sustainability

RACHEL ALEMBAKIS  |  TUESDAY, 17 AUG 2021  |  NEWS
... that they have hired Lauren Stewart as head of communications. Stewart comes to New Forests from BNY Mellon Investment Management Asia Pacific, where she was most recently principal, head of communications. Stewart will drive a global communications ...