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JANA: Majority of fixed income managers consider ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JUL 2014  |  NEWS
A majority of global fixed income managers say they consider environmental, social and governance (ESG) factors in their investment process, according to a survey by JANA. Steven Carew, head of investment research and outcomes, JANA JANA received responses ...

CEFC, CFSGAM to establish clean energy infrastructure fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JUL 2014  |  NEWS
... fund. Meg McDonald, chief operating officer, CEFC The CEFC will provide up to AU$80 million as the initial cornerstone investor to the CFS Australian Clean Energy Infrastructure Fund, a wholesale infrastructure investment fund that will invest in renewable ...

Business begins unwinding of carbon tax arrangements

RACHEL ALEMBAKIS  |  FRIDAY, 18 JUL 2014  |  NEWS
... considered until late August 2014 [and it] will have an impact by creating more policy uncertainty and further undermining investor confidence," said Rowan Foley, general manager of the Aboriginal Carbon Fund, in written comments to The Sustainability ...

Financial System Inquiry addresses impact investment market

RACHEL ALEMBAKIS  |  FRIDAY, 18 JUL 2014  |  NEWS
... distribution requirements," the report also said. "Some private ancillary funds do not meet sophisticated or professional investor tests under the exemptions from the prospectus regime, despite very high net worth individuals or organisations having ...

Universe of climate-linked bonds expands to US$502.6bn

RACHEL ALEMBAKIS  |  FRIDAY, 18 JUL 2014  |  NEWS
The total universe of climate-themed bonds is US$502.6 billion and the universe of labelled green bonds is US$38.8 billion, according to the Climate Bond Initiative's 2014 market report. Bridget Boulle, programme manager, Climate Bond Initiative According ...

Regnan hires Kevin Branton as senior analyst

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 JUL 2014  |  NEWS
Regnan, the environmental, social and governance (ESG) engagement and advocacy service, has hired Dr Kevin Branton as a senior analyst. Branton comes to Regnan with 20 years' experience at firms including Maple-Brown Abbott, Merrill Lynch, and ABN AMRO. ...

ACSI lists ASX sustainability reporting leaders, laggards

RACHEL ALEMBAKIS  |  FRIDAY, 4 JUL 2014  |  NEWS
... body said. "There has been some improvement, but there is still some way to go before companies are meeting long term investor expectations around sustainability reporting," said Paul Murphy, head of the institutional investment program at ACSI. ACSI ...

Barclays, MSCI to launch Green Bond Index

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 JUL 2014  |  NEWS
Barclays and MSCI have agreed to launch a Green Bond Index, a new addition to their environmental, social and governance (ESG) fixed income benchmark index series. The Green Bond Index will reflect those bonds funding projects with direct environmental ...

PRI signatory assets top US$45 trillion

RACHEL ALEMBAKIS  |  FRIDAY, 27 JUN 2014  |  NEWS
The Principles for Responsible Investment's (PRI) total signatory assets under management (AUM) grew to more than US$45 trillion to the end of April 2014, with the number of signatories reaching 1,260, PRI said. Fiona Reynolds, UN PRI managing director ...

ACSI: companies paid premium for rights issue underwriting

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 JUN 2014  |  NEWS
Companies paid a premium of more than AU$170 million for underwriting of rights issues between 2010 and 2012, according to research conducted by the Australian Council of Superannuation Investors (ACSI). ACSI conducted benchmark modelling of what underwriting ...