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Cultural factors influence ESG approaches: Morgan Stanley Investment Management

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
Investment managers approach ESG factors depending on the cultural nuances or jurisdiction of the investor, according to Morgan Stanley Investment Management. Local geographic and cultural factors impact on how markets and investors view ESG, said Laura ...

UniSuper updates progress on net zero target

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
... holdings and engage in deliberate and intentional action internally and with companies, Dixon said. "Within the wider investment teams, there is a shift from analysing to advocating in engagement processes, and that's the shift we've seen in ...

Evergreen launches responsible investment fund index

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
Investment consulting firm Evergreen Consultants has launched a responsible investment index that ranks investment manager's intent and actions. The Evergreen Responsible Investment Grading Index (ERIG Index) is aimed at providing financial advisers ...

New Forests hires head of sustainability

RACHEL ALEMBAKIS  |  TUESDAY, 17 AUG 2021  |  NEWS
... inaugural CEO of the Investor Group on Climate Change (IGCC) Australia and New Zealand and previously led the responsible investment team at HESTA. Saleeba will continue to develop the company's sustainability and impact framework and focus on how opportunities ...

BlueScope sets net zero target

RACHEL ALEMBAKIS  |  MONDAY, 16 AUG 2021  |  NEWS
... billion increase over FY2020. Operating cash flow for the year, after capital expenditure, was $898 million including investment expenditure on the North Star expansion. The balance sheet finished the half in a strong position with $798 million net cash. ...

Not all oil stocks are out on ESG grounds: Pendal Group

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
... towards containing global warming in line with the Paris Agreement. For investors, oil and gas companies provide an investment dilemma - they are very attractive from a valuation perspective, but not from a sustainability lens. The oil majors make up ...

ESG funds, ETPs see billion-dollar inflows

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
... more ESG-focussed opportunities, but there will also be a greater recognition that ESG products need to offer a strong investment case," Tilley said.

Fund manager sets gender diversity target

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
First Sentier Investors has set a target of 40% women in investment teams by 2033. First Sentier Investors' announcement comes as it becomes an inaugural signatory to the Financial Services Council Women in Investment Management Charter (WIM Charter). ...

Fidelity International nabs HESTA talent

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
... As director, sustainable investing, she will work to further integrate sustainability considerations into the firm's investment process. Jaramillo will report to Jenn-Hui Tan, global head of stewardship and sustainable investing at Fidelity International. ...

Mercer names global head of sustainable investment research

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Mercer has created the role of global head of sustainable investment research as part of a global expansion in sustainable investment capabilities. Mercer has appointed Sarika Goel to the newly-created role of global head of sustainable investment research ...