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Showing 131 - 140 of 210 results for "divest"

SSGA Global Index Plus Trust to exclude tobacco, controversial weapons

RACHEL ALEMBAKIS  |  FRIDAY, 15 SEP 2017  |  NEWS
State Street Global Advisors (SSGA) the investment management business of State Street Corporation has decided to exclude tobacco and controversial weapons shares from the State Street Global Index Plus Trust. Jonathan Shead, head of portfolio strategies ...

Negatively screened funds grow by over 2500% in New Zealand: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 4 AUG 2017  |  NEWS
The responsible investment sector in New Zealand has seen a massive influx of funds in 2016, with negatively screened funds growing by over 2500% and reaching a total of NZ$42.7 billion, according to the Responsible Investment Association Australasia ...

VicSuper affirms status as a tobacco-free superannuation fund

RACHEL ALEMBAKIS  |  FRIDAY, 2 JUN 2017  |  NEWS
Superannuation fund VicSuper has signed a global investor statement on tobacco and reaffirmed its status as a tobacco free superfund. Michael Dundon, CEO, VicSuper This week marked World No Tobacco Day, and the AU$17 billion VicSuper signed the investor ...

Three quarters of Aussie investors use ESG in investment strategies: BNP Paribas

RACHEL ALEMBAKIS  |  FRIDAY, 26 MAY 2017  |  NEWS
... options that they can make available to investors. Some are taking a very visible forward stance. There was the stance to divest themselves of their assets that they're now taking a negative view on. They're the types of conversations we're having, and ...

Majority of investors believe ESG-focused investment improve returns: SSgA

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2017  |  NEWS
A majority of investors based in Asia-Pacific said that integration of environmental, social and governance (ESG) strategies has "significantly improved returns," according to a survey conducted by State Street Global Advisors (SSgA). Kevin Anderson ...

AMP Capital to divest from tobacco, controversial weapons

RACHEL ALEMBAKIS  |  FRIDAY, 17 MAR 2017  |  NEWS
AMP Capital will divest from approximately $440 million in holdings related to tobacco manufacturers and $130 million in holdings related to manufacturers of cluster munitions and landmines. AMP Capital has revised its Environmental, Social and Governance ...

University of Melbourne launches Sustainability Plan 2017-2020

RACHEL ALEMBAKIS  |  FRIDAY, 27 JAN 2017  |  NEWS
... vice-principal administration and finance and chief financial officer, University of Melbourne The University of Melbourne will divest itself of fossil fuel holdings, become carbon neutral before 2030 and achieve zero net emissions from electricity by ...

Investors discuss investing in two degree world at RIAA conference

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2016  |  NEWS
Institutional investors are taking active approaches to managing climate risks and shape their portfolios to fit the commitments of the Paris Agreement, including targets and commitments put in place to help mitigate risk and seek risk-adjusted return ...

Carbon footprint impacts on company share price: AXA IM

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2016  |  NEWS
The carbon footprint of a company impacts on share price, with greatest potential impact on companies in the utilities, energy and materials sectors, according to new research from AXA Investment Managers (AXA IM). Kathryn McDonald, director of investment ...

NZ Super adopts new climate change investment risk strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2016  |  NEWS
The NZ$30 billion New Zealand Superannuation Fund (NZ Super) has adopted a climate change investment risk strategy that they will apply across their entire portfolio. Anne-Maree O'Connor, head of responsible investment, NZ Super NZ Super has developed ...