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Investors integrating ESG in quant portfolios: Northern Trust

RACHEL ALEMBAKIS  |  FRIDAY, 24 APR 2015  |  NEWS
Institutional investors globally are applying environmental, social and governance (ESG) factor evaluation to their quantitative equity funds, according to Northern Trust. Mamadou-Abou Sarr global head of ESG investing, Northern Trust Asset Management ...

BP shareholders pass Aiming for A climate risk resolution

RACHEL ALEMBAKIS  |  FRIDAY, 24 APR 2015  |  NEWS
BP shareholders overwhelmingly backed a resolution that has directed the company to provide more information on their strategic management of carbon risks. Resolution 25 was proposed by the Aiming for A coalition, a group of institutional investors ...

Northern Trust opens Australia/NZ asset management office

RACHEL ALEMBAKIS  |  FRIDAY, 17 APR 2015  |  NEWS
... custodian, Northern Trust oversees more than AU$200 billion in assets and is the custodian for asset owners including the Future Fund, CSC, QIC, IAG, ACT Treasury and Energy Industries Superannuation Scheme (EISS). The asset management business will ...

Community 21 issues shares after phase one capital raising

RACHEL ALEMBAKIS  |  FRIDAY, 17 APR 2015  |  NEWS
Community 21 has closed the first phase of its capital raising, after hitting minimum subscription level, and has issued shares to 21 not-for-profit investors. Peter Quarmby, Community 21 executive director Community 21 is the financial services company ...

Louise Davidson appointed ACSI CEO

RACHEL ALEMBAKIS  |  FRIDAY, 10 APR 2015  |  NEWS
... the responsible investment and sustainability debate in Australia." Cbus Super is an AU$30 billion industry superannuation fund. Davidson has worked in her current role at Cbus for six years and also previously worked at IFM Investors. She has also worked ...

New Forests launches responsible investment policy

RACHEL ALEMBAKIS  |  FRIDAY, 10 APR 2015  |  NEWS
... mitigation banks and forest carbon offset projects. The manager has four main vehicles - the Australia New Zealand Forest Fund (ANZFF) and the Australia New Zealand Forest Fund 2 (ANZFF 2), valued at AU$2.2 billion at the end of 2014; the Tropical Asia ...

Experts evaluate ERF baseline mechanism

RACHEL ALEMBAKIS  |  FRIDAY, 10 APR 2015  |  NEWS
The government's proposed baseline and safeguard mechanism for participation in the Emissions Reduction Fund (ERF) are "relatively straightforward," but legal experts have raised concerns over the calculations of baselines for both current and future ...

Local Government Super appoints second woman to board

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 APR 2015  |  NEWS
... financial services. He was vice president of the investment bank Bankers Trust and a director of the corporate superannuation fund. Most recently he has been responsible for exposing malpractice in the financial planning industry, LGS said. He currently ...

bankmecu to participate in GABV bank investment fund

RACHEL ALEMBAKIS  |  THURSDAY, 2 APR 2015  |  NEWS
bankmecu will participate in an open-ended impact investment fund that will provide values-based banks with capital to promote growth. Damien Walsh, bankmecu managing director The Global Alliance for Banking on Values (GABV), of which bankmecu is a ...

Melbourne, Sydney join Carbon Neutral Cities Alliance

RACHEL ALEMBAKIS  |  THURSDAY, 2 APR 2015  |  NEWS
... reduce emission sources not controlled directly by cities," as well as information sharing and creating a $700,000 innovation fund for investment in "high-potential, city-led projects that develop, test, implement and amplify deep de-carbonisation strategies ...