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Giant Leap venture capital fund seeks impact businesses for investment

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUN 2018  |  NEWS
Giant Leap Fund has become Australia's first venture capital firm investing in impact businesses. The $15 million fund is owned by Impact Investment Group, and is investing in businesses that "blend financial returns with deep social and environmental ...

Perpetual launches new Ethical SRI Credit Fund

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUN 2018  |  NEWS
Perpetual has launched the Perpetual Ethical SRI Credit Fund that applies ethical and SRI screens to a portfolio of diversified floating rate credit. Vivek Prabhu, portfolio manager and head of fixed income, Perpetual The fund is based on Perpetual's ...

Investors, credit ratings agencies grapple with ESG impacts on ratings: PRI

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUN 2018  |  NEWS
Investors and credit ratings agencies (CRAs) are grappling with assessing where environmental and social factors are relevant on credit ratings, and how they can impact balance sheets and cash flow projection, according to a report from the Principles ...

IFC invests US$75m in Garanti Bank gender bond

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUN 2018  |  NEWS
The IFC has invested US$75 million in a bond issue by Turkey's Garanti Bank that will finance enterprises and companies owned or managed by women. The new bond has a six-year term maturity and is the first private sector gender bond in emerging markets ...

Super funds continue to expand responsible investment activities: RIAA

RACHEL ALEMBAKIS  |  THURSDAY, 7 JUN 2018  |  NEWS
... corporate governance risks and opportunities, according to the Responsible Investment Association Australasia (RIAA) Super Fund Responsible Investment Benchmark Report 2018. Simon O'Connor, RIAA CEO The report, now in its second year, has seen continued ...

Hedge funds allocate at least US$59bn to responsible investment: AIMA

RACHEL ALEMBAKIS  |  THURSDAY, 7 JUN 2018  |  NEWS
... investment specialist, or were planning to do so. "Responsible investment is becoming increasingly important to the hedge fund industry and firms are responding to investor demand by investing in the data and expertise they need in order to accurately ...

QBE commits minimum $100m to impact investment

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAY 2018  |  NEWS
Insurer QBE has committed a minimum $100 million towards impact investing this year as part of a global-first initiative. Phil White, QBE CEO Lenders Mortgage Insurance (LMI) and ANZO Premiums4Good Champion QBE has committed to investing a proportion ...

Victoria to pilot investment plan, test Community Futures Investment Model

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAY 2018  |  NEWS
... Tim Pallas, the government allocated $5 million to a pilot plan called Community Sports Infrastructure Loans, which will fund loans to revitalise local community sporting grounds. The pilot is intended to test how to unlock greater capital investment ...

Nanuk Asset Management explores themes underpinning New World Fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAY 2018  |  NEWS
... Management Nanuk Asset Management, which has $95 million in assets under management, operates two funds - the Nanuk Global Alpha Fund, with around $20 million in assets under estrangement, and the Nanuk New World Fund, with $75 million in assets under ...

CEFC makes its 10th investment in large-scale wind farm

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAY 2018  |  NEWS
The Clean Energy Finance Corporation has made its 10th investment in a large-scale wind project. Ian Learmonth, CEO, Clean Energy Finance Corporation The latest investment is a $38 million commitment to the 135 MW Crudine Ridge Wind Farm near Mudgee ...