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ASFI identifies six critical challenges for sustainable finance roadmap

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2019  |  NEWS
... must address. Simon O'Connor, CEO RIAA ASFI is a collaborative initiative supported by insurers, superannuation funds, investment managers and banks that are developing an Australian Sustainable Financial Roadmap with the end goal of realigning the financial ...

Integrating ESG essential to infrastructure portfolio: First Sentier Investors

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2019  |  NEWS
... your business is worth something." Mills was recently in Australia, and discussed First Sentier's approach to direct investment in infrastructure. First Sentier currently manages four dedicated direct infrastructure funds - the First State European diversified ...

Superannuation funds that invest responsibly outperform: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 6 DEC 2019  |  NEWS
MySuper options in superannuation funds that employ responsible investment strategies across portfolios have financially outperformed non-responsible investment peers over one, three and five-year time frames, according to new research from the Responsible ...

Investing in insurance linked securities, integrating climate risk: Amundi

RACHEL ALEMBAKIS  |  FRIDAY, 6 DEC 2019  |  NEWS
... intensity, and the impacts of climate change have all been headline news, but Amundi believes there is a long-term investment thesis. "The investment itself is essentially transferring insurable risk into a security vehicle, so the performance of a security ...

Interest in responsible investing not limited to Gen Y: Franklin Templeton

RACHEL ALEMBAKIS  |  FRIDAY, 6 DEC 2019  |  NEWS
... Templeton. Graph courtesy of Franklin Templeton "There seems to be growing awareness among the public that both sides of an investment matter-the return to the investor, as well as the benefit to the investee," Harrison said. "Evidently, many people ...

GRI launches tax reporting standard for comprehensive disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 6 DEC 2019  |  NEWS
... responsible approach to tax by business is essential," said Fiona Reynolds is CEO of PRI (Principles for Responsible Investment). "The PRI has been leading efforts to drive more meaningful corporate disclosure. GRI's new Tax Standard marks an evolution ...

QBE, Suncorp among global insurers exiting coal: Unfriend Coal

RACHEL ALEMBAKIS  |  TUESDAY, 3 DEC 2019  |  NEWS
Australian insurers QBE and Suncorp are among global insurers and reinsurers withdrawing cover for new coal projects, according to the third annual Unfriend Coal scorecard. Seventeen of the world's biggest insurer have announced they are withdrawing ...

Creating a values-based financial advisory firm: FPA Congress

RACHEL ALEMBAKIS  |  MONDAY, 2 DEC 2019  |  NEWS
Giving a presentation on how to create, foster and maintain a value-based advisory firm would be timely in the wake of the Hayne Royal Commission as well as the newly introduce FASEA Code of Ethics, but in the immediate aftermath of claims by AUSTRAC ...

Investors considering their options in voting at Westpac AGM

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
... said. "If you look at Westpac, they didn't meet financial cash earnings targets and they didn't make their return on investment, he said. "Financial performance is down, and why? Because of the remediation costs. Those remediation costs were governance ...

ESG engagement key to small cap value: Perennial Value Management

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
... Cottier, portfolio manager, Perennial Value Management Perennial Value Management integrates ESG considerations into its investment process through fundamental research, and ESG is a part of the portfolio management process in its Perennial Smaller Companies ...