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Showing 171 - 180 of 924 results for "Total"

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... Agreement, an international treaty. In 2023 more than 30 asset managers signed up and over 90 disclosed targets, bringing the total to 264. Among them nearly all (98%) set interim targets for 2030 or earlier, with 26% setting interim targets for next ...

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024  |  NEWS
The fund's Global Environmental Opportunities (GEO) option returned a dismal -15.96% in FY24, but chief investment officer John Pearce says the growth themes remain intact, adding it's on a more solid footing than in FY21 when returns soared ...

Rest awards private equity mandate to TowerBrook Capital

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024  |  NEWS
... This commitment also inches Rest closer towards its goal of a 1% allocation to impact investments across the fund's total portfolio by 2026. Notably, it defines impact investments as those made in members' best financial interests, to provide ...

TelstraSuper pumps more into renewables

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2024  |  NEWS
... now received additional funding from TelstraSuper, which said the investment aligns to its strategy of having 1% of its total assets invested in climate-focused initiatives by 2025. The fund has about $27 billion in funds under management. A spokesperson ...

Instos continue to fund fossil fuel expansion

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... BlackRock ($400 bn), State Street ($171 bn), and Capital Group ($165 bn) were identified as having the largest holdings. Of the total figure, $1.2 trillion is in coal, and $3.8 trillion is in oil and gas, a new report 'Investing in Climate Chaos' has ...

HMC Capital announces new $50m investment

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024  |  NEWS
... plus additional funding over a three-year period (subject to achieving early-stage development milestones) resulting in a total expected investment of up to around $50 million to secure a majority interest in the business. Stor-Energy's senior management ...

LGIM, Generation, MUFG to report on nature

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
... capitalisation. This is a 30% increase in adopters of nature-related corporate reporting recommendations since January, bringing the total to 416. This includes 114 financial institutions representing US$15.9 trillion in assets under management, including ...

Morningstar reveals top three undervalued stocks

ELIZA BAVIN  |  MONDAY, 24 JUN 2024  |  NEWS
... the last six months. In an update to investors, Dexus said recent draft external independent valuations have resulted in a total estimated drop of about $1.3 billion or 9% on book values. Telus Corp is a Canadian wireless carrier that Morningstar analysts ...

First dedicated transition fund for emerging markets

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
... investment vehicle for climate finance. The fund offers capped risk-adjusted returns for private investors with at least 10% of total capital to be contributed by Brookfield to ensure alignment investment partners. The capital will be deployed in South ...

Cromwell restructures lending facility

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
... It is also linked to a target of reducing Cromwell's gender pay gap to a maximum of 12% by 2028. Nationally, the median total remuneration gender pay gap of base salary plus benefits is 19%. The loan is "innovative" and "such transactions are rare in ...