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Showing 101 - 110 of 397 results for "mandate"

Modern slavery: Time for more action

MANS CARLSSON  |  FRIDAY, 4 OCT 2024  |  NEWS
There is little evidence that Australia's Modern Slavery Act 2018 (MSA) has helped reduce the prevalence of modern slavery. The MSA was the first national legislation in the world to define modern slavery. The Act defines modern slavery as eight types ...

Australia fails benchmark for female-led funds

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024  |  NEWS
The portfolio size of funds run by women has jumped higher this year, but the number of female-led funds in Australia lags the global average. Only 8% of Australia's funds management industry is run by women, lagging the global average of 12.5% ...

Senate passes landmark climate reporting and net zero authority laws

ROSE MARY PETRASS  |  FRIDAY, 23 AUG 2024  |  NEWS
... three-year period of modified liability with regulator-only enforcement for forward-looking statements will accompany this mandate, with major financial groups calling for no further extensions. The Net Zero Economy Authority (NZEA) Bill 2024 also passed ...

UK pension giant eyes Australian timber

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024  |  NEWS
Nest is establishing an evergreen timberland fund and has its sights set on opportunities in Australia. The $70 billion workplace pension fund has enlisted Campbell Global, J.P. Morgan Asset Management's timberland investment advisory company, to ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
Mining giant Rio Tinto's political lobbying activities are a greenwashing risk, a breach of public trust, and a form of investor deception, according to ACCR. This week, a prominent shareholder advocacy group announced it cut ties after a year-long ...

Rest awards private equity mandate to TowerBrook Capital

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024  |  NEWS
Rest has awarded a US$75 million ($112.15 million) mandate to transatlantic investment manager TowerBrook Capital Partners, for its Delta private equity impact fund. The Delta fund will invest in mid-sized private companies that are expected to generate ...

Prime role for AI in impact decisions

ROSE MARY PETRASS  |  TUESDAY, 16 JUL 2024  |  NEWS
... lead at State Super and an early innovator in incorporating environmental impact objectives into investment strategy and mandate design. To bolster the team the firm recruited Michael Kollo, a high-profile AI specialist to its board as a strategic advisor ...

MLC awards $285m mandate to Janus Henderson

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024  |  NEWS
MLC Asset Management has awarded Janus Henderson a $285 million emerging markets equities mandate. Janus Henderson said the mandate showcased the growing need for Australian institutional investors to have exposure beyond major market indices. The mandate ...

Robeco expands transition strategy with new funds

ROSE MARY PETRASS  |  WEDNESDAY, 10 JUL 2024  |  NEWS
The international asset manager is following through on its commitment towards sustainability integration and transition finance. Robeco has launched two new funds to advance the sustainable transition, focused on emerging economies in Asia. US$125 ...

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  MONDAY, 8 JUL 2024  |  NEWS
... long-term view on the inevitability of the transition away from fossil fuels." Further, because of its impact investment mandate, the fund is also typically overweight private credit and clean energy infrastructure, which Davis believes will serve members ...