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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 ...

First State Super signs Australian Asset Owner Stewardship Code

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAY 2019  |  NEWS
First State Super has become a signatory to the Australian Asset Owner Stewardship Code. Louise Davidson, ACSI CEO The Code was developed by the Australian Council of Superannuation Investors (ACSI) and "provides principles and guidance to promote higher ...

Majority of Asia-Pacific investors expect to integrate ESG: BNP Paribas

RACHEL ALEMBAKIS  |  THURSDAY, 18 APR 2019  |  NEWS
... performance, both financially and related to sustainability," Gayer said. "They want to be able to track ESG not just from the fund level, but also to the asset level, manager, through to the underlying security. "Key thing from APAC and the market is ...

Australian government awards $1.23m to Impact Investment Exchange

RACHEL ALEMBAKIS  |  THURSDAY, 18 APR 2019  |  NEWS
The Australian government's Department of Foreign Affairs and Trade (DFAT) has awarded AU$1.23 million to Impact Investment Exchange (IIX) - a global organization driving impact investing - to develop the ecosystem for gender lens investing in Asia. ...

Global responsible investment assets top US$30 trillion: GSIA

RACHEL ALEMBAKIS  |  FRIDAY, 12 APR 2019  |  NEWS
... have seen that accelerate and broaden in the last two to three years. What's pleasing here is that this is not just based on fund managers and asset owners with a policy, this is based on evidence of demonstrable and systematic progress. When we speak ...

NZ Super to divest from gun manufacture investments

RACHEL ALEMBAKIS  |  FRIDAY, 12 APR 2019  |  NEWS
NZ Super Fund will divest from $19 million of investments in companies involved in the manufacture of civilian automatic and semi-automatic firearms, magazines or parts prohibited under New Zealand's tough new gun law. The move by the Guardians of New ...