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Big data, ESG ratings can combine to unlock investment return: TruValue

RACHEL ALEMBAKIS  |  FRIDAY, 21 DEC 2018  |  NEWS
Investors can unlock "significant positive alpha" by combining big data mining techniques and traditional ESG ratings, according to TruValue Labs. TruValue Labs, a San Francisco based research firm that uses artificial intelligence to analyze and interpret ...

Ausbil Investment Management launches Active Sustainable Equity Fund

RACHEL ALEMBAKIS  |  FRIDAY, 21 DEC 2018  |  NEWS
Ausbil Investment Management has launched the Ausbil Active Sustainable Equity Fund. The fund "invests in companies with sound sustainability profiles and avoids companies that are vulnerable to long-term earnings risk from sustainability weaknesses," ...

Investors discuss reporting on risks via Modern Slavery Act

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 NOV 2018  |  NEWS
The forthcoming Modern Slavery Act will apply to superannuation funds and asset managers with revenue of more than $100 million, meaning that funds will have to report on their exposures to modern slavery and their management of those risks. Experts ...

Accounting for or managing: experts debate managing impact at RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 NOV 2018  |  NEWS
... clear - are you going to managing for impact or are you just going to accounting for impact? It depends on the type of investor you are." It is also important to communicate the whys and hows to stakeholders, Klopp said. "You may want to make this very ...

Digitalization a megatrend with risks as well as opportunities: Morphosis

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 NOV 2018  |  NEWS
Digitalization and the increased integration of digital technologies are a double edged sword, bringing benefits, but also presenting risks to environment, society and governance, according to Simon Carter, managing director of Morphosis. Simon Carter ...

Impact Investing Australia to administer $7m Australian government fund

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2018  |  NEWS
The federal government has selected Impact Investing Australia (IIA) as the administrator of the $7 million Australian Government Sector Readiness Fund (SRF) to enable social enterprises to grow their impact. IIA, a not-for-profit organisation supporting ...

Lawsuit against ExxonMobil heightens Australian directors climate risk

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2018  |  NEWS
... business planning, investment decisions and financial reporting, CCLI said. The claim also alleges that in response to investor demands for scenario analysis, ExxonMobil made material misstatements with its representations that it faced little or no ...

BlackRock Real Assets names Charlie Reid to lead Asia-Pac renewables

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2018  |  NEWS
BlackRock Real Assets has appointed Managing Director Charlie Reid to extend their renewable energy investment business in Asia Pacific. Reid will be based in Sydney and responsible for sourcing, executing and managing renewable infrastructure assets ...

Cbus becomes Australian Asset Owner Stewardship Code signatory

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2018  |  NEWS
Cbus has become the fifth signatory to the Australian Asset Owner Stewardship Code. The Australian Council of Superannuation Investors (ACSI) launched the code, which covers activities including exercising voting rights, company engagement, monitoring ...

Core Civic, GEO Group flagged for ESG controversies

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2018  |  NEWS
Core Civic and GEO Group, two companies at the heart of an organised grassroots campaign against US President Donald Trump's policy of immigrant detention, have been flagged for controversies under MSCI 's ESG ratings system. For the US grassroots groups ...