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CEFC invests $100m into affordable housing strategy

ROSE MARY PETRASS  |  THURSDAY, 16 JAN 2025  |  NEWS
... strategy providing affordable homes for essential workers. The investment brings the Clean Energy Finance Corporation (CEFC) total commitment to residential energy efficiency and sustainability to more than $1.2 billion of its total $30 billion cash ...

GIC's investment chief to step down

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025  |  NEWS
... US$800.8 billion, making it the seventh-largest sovereign wealth fund. As investment chief, Jaensubhakij oversaw GIC's total investment portfolio and worked with investment group heads to develop and manage investment strategies across all asset ...

High ESG score? More likely to greenwash

ROSE MARY PETRASS  |  WEDNESDAY, 15 JAN 2025  |  NEWS
... especially in the long term. The ESG investment market is expected to cover 25% of the entire global investment by 2040 - a total of US$40 trillion.

Critical minerals get major boost

ROSE MARY PETRASS  |  WEDNESDAY, 15 JAN 2025  |  NEWS
... An ASX-listed miner has received the National Reconstruction Fund's largest commitment to date of $200 million, bringing total public investment to over $1 billion. The $15 billion National Reconstruction Fund Corporation's (NRFC) equity investment in ...

Subscription EVs attract HESTA, IFM interest

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JAN 2025  |  NEWS
IFM Investors and HESTA, by way of its mandate with the former, will take a 49% stake in Splend Group, a provider of subscription electric vehicles. IFM Investors has made the investment via its Growth Partners Fund 2, with HESTA and others also investing ...

Rest-backed climate fund buys first assets

ROSE MARY PETRASS  |  MONDAY, 13 JAN 2025  |  NEWS
... Germany, France and Belgium, with appealing prospects identified in our target markets," Cable added. Fidelity invests a total of US$645.4 billion on behalf of its clients.

Sue Brake joins NZ Super, Lisa Gray departs VFMC

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024  |  NEWS
... board. As chief investment officer of the Future Fund - and now an independent investment consultant - she focused on a total portfolio approach where the investment team works together to build the best overall portfolio. TPA's entire purpose is ...

Quadrant expands to environmental consulting

ROSE MARY PETRASS  |  THURSDAY, 12 DEC 2024  |  NEWS
... prior public disclosure of a sustainability-related investment was in waste management firm TDG Environmental (formerly Total Drain Group) in August 2020. Quadrant integrates ESG factors into financial analysis under the leadership of responsible investment ...

Permanent disablement claims for mental health explodes

ANDREW MCKEAN  |  MONDAY, 9 DEC 2024  |  NEWS
Total and permanent disability (TPD) claims because of mental health for Australians aged 30 to 40 increased by 732% over the past decade, according to a new report by KPMG, commissioned by the Council of Australian Life Insurers (CALI). Although the ...

QIC Real Estate secures $3.75bn SLL

ROSE MARY PETRASS  |  MONDAY, 9 DEC 2024  |  NEWS
QIC Real Estate just converted more than a quarter of its portfolio into Sustainability-Linked Loans (SSL), taking its total sustainable financing to 73.4% of Australian property debt facilities. The funds are QIC Property Fund (QPF) at $2.8bn, and ...