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Praemium enhances ESG tools with SMA, research

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2020  |  NEWS
Platform provider Praemium has "significantly enhanced" its approach to environmental, social and governance (ESG) by adding the Australian Ethical Australian Shares Portfolio to the Praemium SMA and providing ESG research from Sustainalytics. Damian ...

Australia bears sovereign risk with fossil fuel dependence: Beyond Ratings

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2020  |  NEWS
Countries such as Australia that heavily depend on fossil fuels are likely to be more impacted when reaching targets for a zero-carbon global economy, given expected structural changes in the economy, according to Beyond Ratings, a division of London ...

Cromwell Property Group reports on sustainability progress for 2019

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2020  |  NEWS
Real estate investor and manager Cromwell Property Group reports that their sustainability strategy is focused on "improving performance through a structured, responsible and balanced pathway to sustained success," in their 2019 sustainability report. ...

Industry coalition organises Principles for Sustainable Securities Lending

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAR 2020  |  NEWS
A coalition of fund managers organised under the aegis of the International Securities Lending Association (ISLA) have developed the Principles for Sustainable Securities Lending (PSSL). The ISLA Council for Sustainable Finance's (ICSF) PSSL aim to ...

Future IM/Pact builds database of female students interested in finance

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAR 2020  |  NEWS
... industry-sponsored initiative and employee value proposition designed to help diverse talent see how they can impact the world as an investor, learn how to start their career in investment management and provide opportunities to gain exposure to the ...

PGIM charts rise of corporate "profit with purpose" mindset

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAR 2020  |  NEWS
Companies are increasingly adopting a "profit with purpose" mindset and investors should be aware of relevant environmental, social and governance (ESG) information as part of their investment process, according to global fund manager PGIM. Taimur Hyat ...

AXA IM develops carbon footpath strategy based on forward climate action

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
... temperatures by 2030. But divestment from the largest emitters would have an impact on overall diversification and potential investor return, which is a risk that many investors including the largest Australian superannuation funds have ruled out. "There ...

Singapore-based Vena Energy issues US$325 million green bond

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
Singapore-based Vena Energy, an independent power producer and renewable energy company, has issued a US$325 million green bond. Proceeds of the green bond will be used to refinance existing corporate loans for the development, construction and operation ...

Australian mutual fund assets rise to $66.8bn in 2019: Cerulli Associates

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 FEB 2020  |  NEWS
Australia's mutual fund assets in sustainable investments increased 23.0% year-on-year in 2019 to reach $66.8 billion, according to Cerulli Associates. Cerulli Associates said its estimates show that sustainable investments gathered $1.2 billion in ...

CEFC commits up to $125m in Qualitas property debt fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 FEB 2020  |  NEWS
... Johansen, managing director, global head of capital at Qualitas. "We are pleased to have the support of an institutional investor such as the CEFC who shares our commitment to the BTR sector and a lower-carbon economy," Johansen said. "We are also in ...