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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
... three year experiment becomes a permanent fixture for the industry, and positions us to be able to be more relevant to more fund managers and super funds who are still stuck in the view of 'we're not interested in playing the student game because we ...

PGIM charts rise of corporate "profit with purpose" mindset

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAR 2020  |  NEWS
... relevant environmental, social and governance (ESG) information as part of their investment process, according to global fund manager PGIM. Taimur Hyat, chief operating officer, PGIM PGIM recently conducted a survey of companies in the U.S., Germany ...

AXA IM develops carbon footpath strategy based on forward climate action

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
Investors should evolve from a strategy of reducing their portfolio carbon footprint, based on point-in-time emissions to a carbon footpath investment strategy that takes into consideration how companies are moving towards decarbonisation, according ...

Australian Ethical to cut administration fees, enhance customer experience

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
Australian Ethical will cut its administration fees and make other enhancements to member experience after reporting a 40% in net profit after tax for the half year ending 31 December. John McMurdo, chief executive officer at Australian Ethical Australian ...

J.P. Morgan Asset Management developing ESG scoring framework

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
... in five specific priority areas, including climate change, and has become a signatory to Climate Action 100+. The global fund manager is also developing an ESG scoring framework that will utilise in-house research on the materiality of ESG factors, data ...

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
The Clean Energy Finance Corporation (CEFC) has made an investment of up to $125 million in a new property debt fund designed to finance the construction and management of energy efficient, low emissions build-to-rent (BTR) residential buildings. Ian ...

Energy Super taps Robeco for $650m enhanced indexing mandate

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2020  |  NEWS
... strategy "aims to deliver better than market returns after costs while integrating value, momentum and quality factors," the fund manager said. The mandate is managed by Robeco's Quantitative Equities team, which consists of more than 40 portfolio managers ...

Investing for positive environment impact, financial return: First Sentier

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2020  |  NEWS
... according to First Sentier Investments. Rebecca Myatt, portfolio manager for First Sentier's Sustainable Listed Infrastructure Fund Rebecca Myatt, portfolio manager for First Sentier's Sustainable Listed Infrastructure Fund explained their strategy of ...