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Human rights considerations part of trustee board obligations

RACHEL ALEMBAKIS  |  FRIDAY, 28 AUG 2015  |  NEWS
When industry superannuation fund HESTA announced that it had divested from its holdings in Transfield Services, it cited social governance concerns that, in their view, represented an unacceptable risk to members' future retirement savings for the ...

Demand for ethical products strong: Ethical Advisers' Co-Op

RACHEL ALEMBAKIS  |  FRIDAY, 28 AUG 2015  |  NEWS
Fund managers and financial advisers are working to meet increased retail demand for responsible investment products, but gaps remain in asset classes. James Baird of JustInvest, board member, Ethical Advisers Co-op Investors are searching for options ...

Northern Trust makes case for combining quality with ESG

RACHEL ALEMBAKIS  |  FRIDAY, 28 AUG 2015  |  NEWS
Northern Trust has launched a fund strategy that integrates their proprietary Northern Trust Quality Score (NTQS) with ESG rankings to create equity portfolios that optimise for both attributes. Michael Hunstad, head of quantitative research global ...

Newpin social benefit bond returns 8.9% in second year

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 AUG 2015  |  NEWS
... the views about outcomes-based contracting, about balancing the relationship between gov't, service delivery and how investor returns can be achieved." UnitingCare has recently launched the Wyong-based Newpin program, financed through the bond, said ...

NZ Super Fund invests in View Glass

RACHEL ALEMBAKIS  |  FRIDAY, 21 AUG 2015  |  NEWS
... a small part of the overall Fund - around 1.5% - they are an appropriate part of the mix for a long-term, diversified investor seeking to maximise returns. "View's energy efficiency benefits are also a good fit with our strategy to increase the Fund's ...

NZ responsible investment assets increase 10%: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 14 AUG 2015  |  NEWS
Responsible investment assets in New Zealand increased by 10% in 2014 and reached NZ$63.5 billion, according to a new report from the Responsible Investment Association Australasia (RIAA). graphic courtesy of the Responsible Investment Association Australasia ...

Teachers Mutual Bank cash product certified ethical

RACHEL ALEMBAKIS  |  FRIDAY, 14 AUG 2015  |  NEWS
Teachers Mutual Bank's wholesale cash product has been certified as an ethical fund by the Responsible Investment Association Australasia (RIAA). Teachers Mutual Bank's Debt Issuance Program is an AU$500 million fund and has negative screens in place ...

NZ Super Fund releases PRI report, assessment

RACHEL ALEMBAKIS  |  FRIDAY, 14 AUG 2015  |  NEWS
The United Nations Principles for Responsible Investment (PRI) has given the New Zealand Superannuation Fund (NZ Super Fund) an A+ for its overall approach to responsible investment. NZ Super Fund has released its 2015 PRI report, as well as the PRI's ...

Responsible investment reaches 50% total AUM: RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 AUG 2015  |  NEWS
Responsible investment assets reached AU$630 billion in assets, while core responsible investment assets reached AU$31.6 billion in 2014, according to the Responsible Investment Association Australasia (RIAA) benchmark report. Simon O'Connor, RIAA CEO ...

IGCC calls for emissions reductions targets with credible signal

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 AUG 2015  |  NEWS
The Investor Group on Climate Change (IGCC) has called for an Australian emission reduction target that "delivers a credible signal to capital in managing the transition to a low carbon economy." Emma Herd, CEO, IGCC The Australian government has set ...