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Showing 131 - 140 of 316 results for "Pension"

NextEnergy Capital's ESG solar fund raises $480 million at first close

ROSE MARY PETRASS  |  MONDAY, 24 JUL 2023  |  NEWS
... Capital's fifth fund - an OECD-focused solar strategy - has reached first close with investors including Norway's largest pension fund. NextPower V ESG aims to develop over 14 gigawatts of energy assets - enough to power up to 750,000 households per ...

Transition Pathway Initiative appoints new chairs as founder steps down

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
David Russell, former head of responsible investment for the Universities Superannuation Scheme (USS), the UK's largest pensions fund, has been named the new chair of the Transition Pathway Initiative (TPI) board. Jake Barnett, managing director ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023  |  NEWS
... contributions, could lead to considerable net budgetary savings. Additional savings could also emerge from a reduction of Age Pension payments due to increased superannuation balances for carers. Based on the 2023-24 budget papers, the initial annual ...

Greg Combet steps down as IFM Investors, ISA chair

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023  |  NEWS
... director, deputy chair and the chair during this time," Combet said. "IFM invests on behalf of industry super funds and global pension funds to benefit their members. This purpose makes IFM a distinct funds management business, one that aligns with my ...

Could the anti-woke movement take hold in Australia?

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
... better economy overall." However, there are now more than 20 US states, led by Texas and Florida, which actively prohibit pension funds in their jurisdictions from following ESG principles. In July 2022 The Economist released an article arguing that ...

American Century Investments on impact investing and best in progress

ROSE MARY PETRASS  |  FRIDAY, 28 APR 2023  |  NEWS
... 47% of Australians. "Australia has a major role to play," she said - particularly due to our nickel deposits, and large pension schemes. Human capital and the "dark side of the green transition" Bratton Hughes said that while climate and biodiversity ...

140 years to gender parity in finance: OMFIF

ROSE MARY PETRASS  |  WEDNESDAY, 26 APR 2023  |  NEWS
... 16% of CEOs are now women, up from 14% in 2022, while 54% do not have any women in their C-suite. The report found that pension funds continued to outperform, which commercial and central banks scored lower, and sovereign funds even less. It found that ...

California considers bill to force fossil fuel divestment for CalPERS, CalSTRS

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
... the California legislature. SB 252, which would halt future investment in fossil fuel assets and force the California pension funds to divest from existing investments before 2030, passed its first committee hearing in the Senate Committee for Labor ...

Stafford Capital Partners launches sustainable timber impact fund

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
... Stafford Carbon Offset Opportunity Fund has attracted US$242 million in investor commitments from the UK local government pension schemes (LGPS) of Essex, Leicestershire and the City and Council of Swansea. The fund is expected to invest in approximately ...

Testing ESG impacts on US pension fund returns

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023  |  NEWS
There is no difference between investment returns for US state pension funds in "blue" states that might be more likely to integrate ESG investment principles and "red" states that are more likely to ban ESG investment strategies, according to Rainmaker ...