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WorldGBC launches Net Zero Carbon Buildings Commitment

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2018  |  NEWS
Institutional investors, property developers and the City of Sydney have joined the World Green Building Council (WorldGBC) to launch the Net Zero Carbon Buildings Commitment. The 38 signatories - 12 businesses, 22 cities and four states and regions ...

Nikko AM, ARK Investment Management launch innovation fund

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2018  |  NEWS
Nikko Asset Management Australia and US-based ARK Investment Management have launched the Nikko AM ARK Global Disruptive Innovation Fund. It's a global equity portfolio solely focused on disruptive innovation, utilising ARK's disruptive innovation strategy ...

Australian National University selects Aberdeen Standard Investments

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2018  |  NEWS
The Australian National University (ANU) Endowment Fund has selected Aberdeen Standard Investments to manage an Australian fixed income strategy that integrates ESG. The strategy invests in active Australian fixed income with an ESG overlay - negative ...

Climate Bond Initiative identifies nearly 400 green infrastructure projects

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2018  |  NEWS
Despite the strong issuance of green bonds in Australia and New Zealand, both counties need to muster more capital allocation to generate investment in green infrastructure to meet international mitigation and emissions commitments, according to the ...

Local Government Super selects PIMCO for fixed income ESG mandate

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2018  |  NEWS
Local Government Super (LGS) has awarded a new, $440 million fixed-income ESG mandate to investment manager PIMCO. The mandate will cover global credit and government bonds, LGS said. "We are pleased to continue our long standing relationship with PIMCO," ...

Vanguard Australia licenses FTSE Russell index for ESG-related products

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2018  |  NEWS
Vanguard Australia has licenses a new "values aligned" index from FTSE Russell the FTSE Developed ex Australia ex Non-Renewable Energy/Vice Products/Weapons Index. The index will form the basis for two Vanguard ESG-related products. It is the first ...

Pauline Vamos resigns as chief executive officer of Regnan

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2018  |  NEWS
Pauline Vamos has resigned as CEO of Regnan. Pauline Vamos, Regnan chief executive Vamos has worked as CEO for 12 months, and the Regnan board "thanks Ms Vamos for her significant contribution to Regnan over the last 12 months and the leadership she ...

Australian Ethical reports AUM of $2.82 billion in full year results

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2018  |  NEWS
Australian Ethical Investment has reported underlying profit after-tax for the 2017-2018 financial year rose 18% to $5.0 million, driven by strong member growth, strong inflows and positive investment performance. Phil Vernon, Australian Ethical Investment ...

US activists target banks over finance to for-profit prisons, detention centres

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2018  |  NEWS
A coalition of more than 80 US-based grassroots organisations are protesting US President Donald Trump's policy of immigrant detention through a campaign targeting banks JP Morgan Chase and Wells Fargo for providing debt financing for two for-profit ...

Q&A: Yolanda Beattie, Mercer, talks Future IM/Pact initiative

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2018  |  NEWS
Mercer is launching an industry-sponsored initiative, Future IM/Pact, aimed at increasing the diversity of talent coming into the investment management industry, specifically the lack of women coming into - and progressing through - the industry. Future ...