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Pengana WHEB Sustainable Investing Impact Report identifies positives

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2019  |  NEWS
... Capital Group Limited has a strategic agreement with WHEB Asset Management (WHEB) to manage the Pengana WHEB Sustainable Impact Fund. The fund holds 50-70 stocks, with a typical holding period of four to seven years. It only invests in companies that ...

UCA Funds Management rebrands as U Ethical, seeks growth, clients

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2019  |  NEWS
UCA Funds Management has rebranded as U Ethical, emphasising the fund manager's history of ethical investing while reaching out to connect with new potential investors, according to CEO Mathew Browning. The brand renewal process began a year ago. "It ...

Insight Investment applies traffic light analysis to green, impact bonds

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
Global asset manager Insight Investment has applied a traffic light score to impact bonds, and found that "many of the instruments coming to market fall short of minimum standards for sustainability." Josh Kendall, senior ESG analyst, Insight Investment ...

Factor investing such as ESG strategies can be wise approach: AXA IM

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
... for impact investing is driving the conversation in Australia in particular. AXA IM manages the Australian domiciled pooled fund, AXA IM Sustainable Equity Fund - "a fully integrated ESG equity fund offering local investors a more efficient way of capturing ...

Impact Investment Partners on Indigenous Infrastructure Investment Fund

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
Impact Investment Partners has launched the Indigenous Infrastructure Investment Fund, a direct investment vehicle to fund infrastructure in Indigenous communities. Chris Croker, managing director, Impact Investment Partners The goal of the Indigenous ...

Legg Mason launches QS Investors Global Responsible Investment Fund

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
Legg Mason has launched the Legg Mason QS Investors Global Responsible Investment Fund, a global equity fund that integrates environmental, social and governance (ESG) analysis and ethical screens. The fund uses the investment expertise of wholly owned ...

CEFC nears $1 billion mark in investment in Australia's wind sector

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
The Clean Energy Finance Corporation (CEFC) has made a $180 million commitment to the Collector Wind Far in south-eastern New South Wales. The CEFC will play the role of sole debt financier, supporting the delivery of the $260 million project. With ...

Sustainable Melbourne Fund receives new loan facility, new name

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAY 2019  |  NEWS
The Sustainable Melbourne Fund has been reorganised and recapitalised with access to a loan facility of up to $200 million so that it can extend financing model throughout Australia. Scott Bocskay, CEO, Sustainable Melbourne Fund To reflect the significant ...

Future Super divests from companies with no women on boards

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAY 2019  |  NEWS
... boards or who have not presented plans to improve their diversity. Kirstin Hunter, managing director, Future Super Future Fund set a policy of excluding companies without women on their boards in 2018, and began engaging with invested companies lacking ...

CEFC invests $30m in Woolworths Group green bond

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAY 2019  |  NEWS
... Group green bond, the first certified green bond issued by an Australian retailer. The $400 million green bond will help fund the Woolworths 2020 sustainability strategy. Woolworths recently issued its Green Bond Framework and noted that it would be ...