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Mercer hires Alexis Cheang to Responsible Investment team

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 JUN 2014  |  NEWS
... voting and engagement. Alexis' role in business development and sustainable investment will be a win for our clients and an asset to our responsible investment team." Cheang comes to Mercer after spending ten years as director, governance and sustainable ...

Farmland attractive to super funds, but liquidity a concern

RACHEL ALEMBAKIS  |  FRIDAY, 13 JUN 2014  |  NEWS
Long-term investors such as superannuation funds are "potentially great partners" to invest in farmland, but illiquidity concerns are one barrier to investment, according to Gordon Noble, senior portfolio analyst and regional strategist at Inflection ...

Push to focus on tax reform, transparency as part of G20

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUN 2014  |  NEWS
Tax and transparency reforms should be a priority for Australia in its presidency of the G20 because there is a strong link between base erosion and profit sharing (BEPS) and the G20's objective to promote development, according to Oxfam Australia and ...

Northern Trust ESG index range crosses US$1 billion mark

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUN 2014  |  NEWS
Northern Trust Asset Management's environmental, social and governance (ESG) index fund range has exceeded US$1 billion in assets under management, the asset manager said. The index funds reached the US$1 billion mark within six months of initial seeding. ...

UCA Funds Management release 2013 annual report

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 JUN 2014  |  NEWS
... Management CEO UCA Funds Management said the 10% growth in assets during the 2013 calendar year is due to an increasing asset base from the rise in the share market and moderate net inflows into cash funds. The resultant returns, in conjunction with ...

PRI coalition calls for improved palm oil practices

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 JUN 2014  |  NEWS
A coalition of signatories to the Principles for Responsible Investment (PRI) has called on palm oil producers to improve practices with the aim of "decoupling palm oil production from deforestation." The PRI's Sustainable Palm Oil Investor Working ...

AMP Capital lists fossil fuel exclusions for RIL funds

RACHEL ALEMBAKIS  |  FRIDAY, 30 MAY 2014  |  NEWS
... considered throughout the range, but the extent to which they cause under or overweighting of assets vary depending on the asset class, asset allocation and time horizon of the fund, he explained. "If you're looking at the overall asset allocations for ...

LUCRF selects Northern Trust for ESG-screened mandate

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 MAY 2014  |  NEWS
Labour Union Co-operative Retirement Fund (LUCRF) has appointed Northern Trust Asset Management's international business to manage an AU$220 million global equity index mandate that incorporates the fund's environmental, social and governance (ESG) ...

Managing ESG reputation can benefit corporate value

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAY 2014  |  NEWS
... There should be more focus on drawing connections between the value of a strong reputation and its concomitant impact on asset values, Risely said. "What we're actually doing, and this is one of the areas where we really need to join the dots with measurement ...

Sustainability reporting a source of key business value

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 MAY 2014  |  NEWS
Sustainability reporting has become a vital means for companies to communicate non-financial indicators to capital markets, and regulatory changes in the Australian market mean that companies must think through their sustainability reporting strategies ...