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Showing 171 - 180 of 210 results for "divest"

VFMC to divest from tobacco holdings

RACHEL ALEMBAKIS  |  FRIDAY, 20 FEB 2015  |  NEWS
The Victoria Funds Management Corporation (VFMC) has announced that it will divest from direct investments in equity of tobacco manufacturers. VFMC is a AU$46.6 billion state-owned funds manager for a number of public authorities and bodies. Divestment ...

Towers Watson outlines framework for fossil fuel risk

RACHEL ALEMBAKIS  |  FRIDAY, 13 FEB 2015  |  NEWS
Towers Watson has addressed growing institutional investor concern over fossil fuel investments and the risks of stranded assets by outlining a framework for response, embedded in the investment decision making process. Nick Kelly, investment consultant ...

Australian Ethical surpasses $1 billion AUM

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JAN 2015  |  NEWS
Australian Ethical Investors has increased its assets under management to more than AU$1 billion through a combination of investment returns and inflows across its business lines, according to Phil Vernon, managing director. Phil Vernon, Australian ...

Investment and the art of political maintenance

RACHEL ALEMBAKIS  |  FRIDAY, 19 DEC 2014  |  NEWS
... with as a normative issue." Fund-level values and policies But what of normative issues that lead funds to do things like divest or screen out companies or assets, and work with collaborative groups to lobby governments? Decisions stemming from analysis ...

Demand for responsible investments a call to action: RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 NOV 2014  |  NEWS
Increasing public demand for ethical investment products represents a "call to action" for the responsible investment industry in Australia, according to the chief executive officer of the Responsible Investment Association Australasia (RIAA). Simon ...

Investors apply ethical screens to cash management

RACHEL ALEMBAKIS  |  FRIDAY, 7 NOV 2014  |  NEWS
... perspective, that no longer holds true. Ethical cash management has emerged as an issue in the push for institutional investors to divest from assets that are carbon emissions-intensive, and there is wider, increased interest in investing in short-term ...

Panel discusses fossil fuel divestment for super funds

RACHEL ALEMBAKIS  |  FRIDAY, 31 OCT 2014  |  NEWS
... has recently been highlighted by the media and political reaction to Australian National University (ANU)'s decision to divest from Santos, Newcrest Mining, Iluka Resources, Sandfire Resources, Oil Search, Independence Group and Sirius because of their ...

APRA adds materiality to trustees' risk management declaration

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
... related risks, El Hassan said. "My personal view is that at this stage of the debate no court would require trustees to divest," he said. "At this point in time, I don't think trustees would be in breach of their duties if they don't divest. Would investors ...

Local Government Super enhances carbon-related screens

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 OCT 2014  |  NEWS
... and/or production of coal, based on 33% material threshold," said Peter Lambert, LGS chief executive officer. "We will only divest from two Australian companies - Whitehaven Coal and AGL - and there are a number of international companies we will divest ...

Future Super launches as first fossil-fuel free fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 OCT 2014  |  NEWS
... from fossil fuels, he said. "We thought about the impact we could have through financial services and getting people to divest from fossil fuels and support renewables," he said. "The fact is that there was nobody offering fossil fuel free superannuation. ...