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Westpac, Mirvac named as global leaders in Dow Jones Sustainability Index

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
Westpac and Mirvac have been named as global leaders in two of the 24 industry groups represented in the Dow Jones Sustainability Index 2017. S&P Dow Jones Indices (S&P DJI), and RobecoSAM, an investment specialist focused on sustainability investing ...

Australian companies developing internal carbon price within the next two years: SBA

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
... financial filings two to five years from now. The other interesting thing that we found is what does this mean to the investor community - the users of the information. That's a work in progress for the sector as well. What we've had thus far is very ...

Australian Ethical Investment reports annual profit of $2.9 million

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
Australian Ethical Investment has reported a net profit after tax of $2.90 million, down 3% on 2016. Phil Vernon, Australian Ethical Investment managing director The consolidated statutory net profit after tax was $2.924 million, as compared to $3.186 ...

30% Club Australia calls for renewed push to get women on boards

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
The 30% Club Australia is calling on the investment community to engage with boards on the issue of diversity as the pace of female appointments slows. The 30% Club Australia is campaigning for 30% women on ASX200 boards by the end of 2018. Their call ...

Globally, few companies can effectively demonstrate climate risk disclosure: SSGA

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
... capital allocation decisions. "Why did we focus on those particular areas and what are we trying to do," Kumar said. "As an investor... we don't have the expertise to say this is the right answer and this is the wrong answer. It's management's job to ...

ASX100 CEO pay remains below 2009 peak: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
Average fixed pay for ASX100 CEOs in 2016 was $1.89 million, with median CEO pay at $1.79 million, well below the 2009 peak for pay, according to the Australian Council of Superannuation Investors' (ACSI) annual survey of CEO pay. Louise Davidson, ACSI ...

Alpha Fund Managers invests in Australian Ethical Australian Shares Fund

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
Alpha Fund Managers has invested in Australian Ethical's flagship Australian Shares Fund. Phil Vernon, Australian Ethical Investment managing director The Australian Shares Fund "aims to provide long-term growth focusing on Australian companies that ...

UCA Funds Management hires James Cook as director investments

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
UCA Funds Management has hired James Cook as director investments. Michael Walsh, UCA Funds Management Cook has more than 32 years' experience in portfolio and senior management experience in Australia and the UK. He comes to UCA Funds Management from ...

Government to introduce Australian Modern Slavery Act

RACHEL ALEMBAKIS  |  FRIDAY, 18 AUG 2017  |  NEWS
The federal government will introduce a Modern Slavery Act that will require large businesses to report on actions to address modern slavery in their operations and supply chain. Louise Davidson, ACSI CEO This week, Minister for Justice Michael Keenan ...

Less than half of ASX100 companies have exec-level technologist: Calastone

RACHEL ALEMBAKIS  |  FRIDAY, 18 AUG 2017  |  NEWS
... with on a day to day basis, funds management in particular has been relatively isolated from disruption, due to consumer/investor preferences that are continuing to involve, as well as the power of technology, and regulation evolving," Hayward said. ...