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Showing 1371 - 1380 of 3191 results for "ACT"

HSBC funds blue carbon projects

RACHEL ALEMBAKIS  |  THURSDAY, 21 APR 2022  |  NEWS
HSBC is funding two new blue carbon projects - one relating to the Great Barrier Reef, the other to establish a framework for an investment fund. Each project builds on previous work funded by HSBC and aims to establish "the most effective way to harness ...

Redpoint poaches PMs from ART

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 APR 2022  |  NEWS
Redpoint Investment Management has poached from Australian Retirement Trust (ART) to augment its impact investing capability. Hunter Page and Chris Parks join Redpoint as portfolio managers. At ART, Page was responsible for managing the socially responsible ...

Calls to strengthen Modern Slavery Act

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 APR 2022  |  NEWS
Australia's Modern Slavery Act is under review for impact and effectiveness, and investors have a role to play in both potentially strengthening the statutory obligations as well as impacting on an issue that is getting worse globally. A panel of experts ...

Biodiversity risk goes to heart of finance

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 APR 2022  |  NEWS
Biodiversity is a quickly emerging risk and opportunity for investors and companies, but addressing the materiality of ecosystem and dependencies is complex and goes to the heart of finance, according to a panel of experts. There is a clear drive to ...

New gas projects at risk under strong climate action: IGCC

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 APR 2022  |  NEWS
New Australian gas projects may have weaker returns if countries and companies implement policies in accordance with 1.5°C, Paris-aligned climate scenarios, according to research by the Investor Group on Climate Change (IGCC). IGCC's new report ...

Hejaz Income Fund AUM up more than 50%

RACHEL ALEMBAKIS  |  TUESDAY, 12 APR 2022  |  NEWS
Hejaz Financial Services' income fund has grown by 58% year on year due to strong inflows and financial return. The Hejaz Income Fund is reporting $75 million in assets under management, said Hejaz Financial Services COO Muzzammil Dhedhy. Since its ...

Labor election pledge on YFYS performance test

RACHEL ALEMBAKIS  |  THURSDAY, 7 APR 2022  |  NEWS
Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation Stephen Jones said that elected, a Labor government would review the Your Future Your Super (YFYS) performance test because of "unintended and negative consequences" ...

Igneo sets 2023 climate targets for infrastructure companies

RACHEL ALEMBAKIS  |  THURSDAY, 7 APR 2022  |  NEWS
Infrastructure manager Igneo Infrastructure Partners has set a 2023 deadline for all portfolio companies to develop net zero roadmaps with short- and medium-term targets on progress. Igneo is First Sentier Investors' direct infrastructure business. ...

Net zero targets shift investments, narrative for funds

RACHEL ALEMBAKIS  |  THURSDAY, 7 APR 2022  |  NEWS
Setting net zero targets in superannuation fund portfolios can be a way to frame investment activities for stakeholders including member and investee companies, as well as protecting members' long-term retirement outcomes. Representatives from UniSuper ...

Christian Super, Australian Ethical to explore merger

RACHEL ALEMBAKIS  |  THURSDAY, 7 APR 2022  |  NEWS
Christian Super has signed a memorandum of understanding with Australian Ethical for a potential merger, after having been directed by APRA to merge. Both parties will conduct due diligence prior to confirming merger details, which would see Christian ...