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Institutional investor appetite for low carbon investment strengthens: IGCC

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2018  |  NEWS
Institutional investors are "getting on with" investing in low carbon and green investment opportunities, with strong appetite, but regulatory uncertainty threatens future growth, according to new research from the Investor Group on Climate Change (IGCC). ...

Local Government Super selects PIMCO for fixed income ESG mandate

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2018  |  NEWS
Local Government Super (LGS) has awarded a new, $440 million fixed-income ESG mandate to investment manager PIMCO. The mandate will cover global credit and government bonds, LGS said. "We are pleased to continue our long standing relationship with PIMCO," ...

Vanguard Australia licenses FTSE Russell index for ESG-related products

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2018  |  NEWS
... adoption of ESG investing has accelerated in recent years, and more investors are looking for opportunities to align their investment choices with their values," said Evan Reedman, head of product and marketing, Vanguard Australia. "Our new index fund ...

Pauline Vamos resigns as chief executive officer of Regnan

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2018  |  NEWS
... "Regnan's mission continues to be to promote a long-term approach to value creation and support confidence in Australia's investment industry, through the provision of well-researched insights into ESG risks and their management," Regnan said in a statement. ...

Bank Australia issues $125 million sustainability bond linked to SDGs

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2018  |  NEWS
... proceeds to be invested on day one," Dawson said. "We are certainly looking at other areas where we might do impact investment and impact lending, should those other areas be more correct, would include those in the future. We assume we will refresh ...

Responsible investment reaches tipping point, more work to come: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2018  |  NEWS
... all professionally managed assets in Australia managed as responsible investments, the "real work" of the responsible investment industry is really beginning, according to the Responsible Investment Association Australasia (RIAA). Simon O'Connor, RIAA ...

Nanuk Asset Management on sustainability aspects of artificial intelligence

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2018  |  NEWS
... commercial solution efficiencies on an unprecedented scale," according to Nanuk Asset Management. Tristan Patience, investment manager, Nanuk Asset Management Nanuk believes that "AI excels at interpreting signals and real-time analytics which underpin ...

Man Group to augment responsible investment, stewardship activities

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2018  |  NEWS
Man Group will be augmenting its responsible investment activities through new hires, according to Jason Mitchell, the newly appointed co-head of responsible investment at Man Group. "In terms of building out the team, we intend to add a dedicated person ...

Australian Ethical reports AUM of $2.82 billion in full year results

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2018  |  NEWS
Australian Ethical Investment has reported underlying profit after-tax for the 2017-2018 financial year rose 18% to $5.0 million, driven by strong member growth, strong inflows and positive investment performance. Phil Vernon, Australian Ethical Investment ...

US activists target banks over finance to for-profit prisons, detention centres

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2018  |  NEWS
... billion fund to divest from for-profit prison and dentention centre operators, according to this article. CalSTRS Chief Investment Officer Christopher Ailman told The Sacramento Bee that he would initiate a review of private prison companies to ensure ...