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ESG managed accounts drive strong growth: BT Panorama

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
... both in terms of demand as well as supply, Leman said. "There is more product coming into the market, and that's across asset classes and strategies," he said. "Advisers want to express their capability in ESG, thru their existing portfolios and in presenting ...

Westpac sets 2030 net zero commitments

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
... Net Zero by 2050 scenario or where the Australian or New Zealand Government or regulator determines that supply from the asset is necessary for national energy security." Existing oil and gas lending customers with a credible transition plan in place ...

Perennial awarded $100m Mercer mandate

RACHEL ALEMBAKIS  |  TUESDAY, 26 JUL 2022  |  NEWS
... companies that address global sustainability challenges. A business of Marsh McLennan, Mercer is a highly regarded global asset management and consulting firm. The appointment demonstrates Mercer's confidence in Perennial's Better Future approach to ...

Innova launches ESG model portfolios

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
Innova Asset Management has launched a range of ESG-focused model portfolios that will donate at least 20% of fund revenue to four identified Australian charities. The Innova Sustainable Future Managed Account Solution portfolios apply negative and ...

State of the Environment report a wake up call for business, investors

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... Australia's GDP is dependent on biodiversity and ecosystem services," and called for a greater understanding of nature as an asset upon which the Australian economy is built and depends, "alongside human, financial and manufactured capital which ...

Stewart Investors identifies progress to net zero

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... broader economy remains very high emitting. That causes us to reflect on other things we might do. "Joining the Net Zero Asset Managers Initiative is one of the more recent actions in line with that idea. There are broader influences we can try to have ...

Resource efficiency a marker for investment performance: Osmosis

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
Companies that are more resource-efficient, including efficiency in managing environmental factors, are more likely to provide stronger risk-adjusted returns, according to Osmosis Investment Management. Osmosis uses its in-house research process to ...

Schroders' sustainable multi-asset fund receives RIAA certification

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... for its newly renamed Sustainable Growth fund. The Schroder Sustainable Growth Fund is Schroders' first sustainable multi-asset strategy available in the Australian market and maintains a return objective of delivering an investment return before fees ...

CBA expands ESG term deposit to foreign currencies

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 JUL 2022  |  NEWS
... banking side that was seeing a lot of growth," CBA senior associate in ESG solutions Jessie Xiao. "We thought, OK, that's an asset pool in and of itself that could be ring-fenced as one that directly incentivises ambitious borrower ESG targets, which ...

EY partners to deliver Australian sustainable finance taxonomy

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUL 2022  |  NEWS
The Australian Sustainable Finance Institute (ASFI) has appointed EY as the project team that will deliver the first stage of the Australian Sustainable Finance Taxonomy Project. EY will work with the Project Steering Committee and the Technical Advisory ...