Search Results

Showing 191 - 200 of 1161 results for "tech"

BlackRock-Temasek closes at US$1.4 bn

ROSE MARY PETRASS  |  MONDAY, 6 MAY 2024  |  NEWS
Two of the world's biggest investors have joined forces to fund private companies making waves in decarbonisation and the net zero economy. BlackRock and Temasek reached a final close of US$1.4 billion for their late-stage venture capital and growth ...

Poor investment governance costly for asset owners, members: KPMG, Frontier

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024  |  NEWS
Most asset owners estimate that poor investment governance could increase portfolio costs by 1% or more annually, according to a joint report by KPMG and Frontier Advisors. The report, which surveyed 22 asset owners in the local investment industry ...

Active ownership is the new sheriff in town

MICHELLE BALTAZAR  |  WEDNESDAY, 1 MAY 2024  |  NEWS
Prepare to be dazzled - or bulldozed, as the case may be - as sustainable investing goes through a whirlwind transformation in the next six years, says the chief executive of the nation's third-largest super fund. Speaking at the Responsible Investment ...

AI toolkit to protect human rights

ROSE MARY PETRASS  |  WEDNESDAY, 1 MAY 2024  |  NEWS
... in those guardrails and putting up those ethical boundaries at the front end... [to] mitigate our own risk and not see a tech wreck." Lyster commented: "Investors, through their ownership stewardship activities, have an important role to play in mitigating ...

ClearBridge launches first local global equity fund

KARREN VERGARA  |  MONDAY, 29 APR 2024  |  NEWS
ClearBridge Investments has launched its first global equity strategy in Australia as it looks to introduce more in the future. The ClearBridge Global Growth Fund invests in 60 to 100 growth companies and aims to deliver above-market returns. The fund ...

New framework for investors to navigate AI released

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
... sectors, like banking and mining, through improved efficiencies, expanded revenue streams, and boosted productivity. "Like any tech revolution, however, there will be winners and losers. Rapid advancement also paves the way for significant risks and ...

MLC Life sustainability manager joins impact firm

ROSE MARY PETRASS  |  TUESDAY, 23 APR 2024  |  NEWS
Sustainability and impact investment expert Désirée Lucchese has joined the board of a newly formed impact research and consulting firm as a non-executive director. Impact Alpha Partners (IAP), founded in 2023, sought Lucchese's expertise spanning ...

UniSuper invests $623m in Macquarie green fund

ELIZA BAVIN  |  MONDAY, 22 APR 2024  |  NEWS
UniSuper announced it has committed up to US$400 million (AU$623 million) to the Macquarie Green Energy and Climate Opportunities Fund (MGECO). MGECO is an open-ended fund that invests in large scale, mature sustainable technologies to support the transition ...

Aware Super appoints ESG, product and insurance heads

ELIZABETH FRY  |  THURSDAY, 18 APR 2024  |  NEWS
Aware Super's real estate arm has hired a new executive to lead its ESG effort. Emma Thomas is Head of ESG at Aware Real Estate which manages the superannuation fund's directly owned Australian property portfolio. Thomas is responsible for ESG ...

RIAA: Sustainability goes mainstream

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... result of some incredible work by members of RIAA's human rights working group and experts in the field of AI and digital tech. "It is designed to help investors understand the challenges, risks, and opportunities of AI and big tech. As we follow the ...