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Showing 141 - 150 of 2763 results for "ACT"

Green budgets fatten amid global uncertainty

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025  |  NEWS
... countercyclical entry opportunity," Cooper said. The US withdrawal from the Paris Agreement and repealing of the Inflation Reduction Act may harm sentiment but it will not directly affect company forecasts, she said. Ninety One predicts growth in renewables ...

Trump inaugurated as 47th President

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025  |  NEWS
Donald Trump has officially been sworn in as the 47th US President as he takes on his second, non-consecutive term. Trump took to the stage for his "Day 1" official address unleashing a raft of executive orders and reaffirming his America first policies. ...

Top Pendal executive joins Evidentia

ELIZABETH FRY  |  TUESDAY, 21 JAN 2025  |  NEWS
Former Pendal head of multi-asset Michael Blayney has joined the Evidentia Group as a member of its investment committee. "With over 28 years of experience in investment management, consulting and superannuation with some of the world's leading ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025  |  NEWS
BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Tennessee's suit alleged BlackRock ...

China plays long game on battery disruption

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025  |  NEWS
Reports from consultancy Rho Motion reveal that battery minerals supply is too high for EV demand - here's why analysts say that might not be such a bad thing. According to the International Energy Agency (IEA), lithium-iron-phosphate (LFP) batteries ...

Australian Ethical grows FUM to $13.26bn

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025  |  NEWS
Australian Ethical saw another quarter of positive net flows and investment performance, surpassing $13 billion during the quarter. Retail and wholesale net flows hit $173 million, while superannuation flows of $101 million were below recent quarters ...

Best ESG super options revealed

ROSE MARY PETRASS  |  FRIDAY, 17 JAN 2025  |  NEWS
Australian Ethical, Nationwide Super, Active Super and Aware Super have the best performing ESG investment options over three years, according to the latest data from Rainmaker Information. Rainmaker Information executive director of research Aman Ramrakha ...

Meta fact-checking move unsettles ethical investors

ROSE MARY PETRASS  |  THURSDAY, 16 JAN 2025  |  NEWS
Meta's decision to swap fact-checking for user-generated community labelling has created a dilemma for responsible investors. While U Ethical and other fund managers exclude the social media giant for ESG non-compliance, others - including Vanguard ...

GIC's investment chief to step down

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025  |  NEWS
GIC investment chief Jeffrey Jaensubhakij plans to step down after almost three decades at the sovereign wealth fund, according to local reports. It is widely expected that deputy group chief investment officer Bryan Yeo will be promoted to the top ...

High ESG score? More likely to greenwash

ROSE MARY PETRASS  |  WEDNESDAY, 15 JAN 2025  |  NEWS
ESG scores do not reflect a company's true environmental impact - in fact, there is a positive correlation between high ESG scores and greenwashing. Companies with high ESG scores are more likely to greenwash - particularly large ones, new research ...