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MSCI: using ESG ratings can improve portfolio returns

RACHEL ALEMBAKIS  |  FRIDAY, 22 FEB 2013  |  NEWS
... factor," said Michael Salvatico, Vice President at MSCI ESG Research in Sydney. "This is bringing the ESG ratings to the investor in a way that they're more familiar.... I've always thought that ESG ratings are providing information about the materiality ...

AXA IM brings ESG metrics to fixed income portfolio analysis

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 FEB 2013  |  NEWS
AXA Investment Managers (AXA IM) has developed a strategy that applies environmental, social and governance metrics to assess countries' creditworthiness and risks and opportunities in sovereign debt portfolios. Matt Christensen The approach is outlined ...

LGS buys into IFC green bond issue

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 FEB 2013  |  NEWS
Eds note: Article rewritten to reflect new comment. Local Government Super (LGS) has participated in a US$1 billion green bond issue by the International Finance Corporation (IFC). Bill Hartnett LGS bought US$6m of the three-year bond, which will be ...

AMP Capital invests in North American wind farm portfolio

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 FEB 2013  |  NEWS
AMP Capital is investing US$100 million with Capistrano Wind Partners, a developer, owner and operator of a diversified portfolio of large-scale wind energy projects in North America. Capistrano Wind Partners was formed last year by Edison Mission Energy ...

KPMG: fraud costs Australian/NZ businesses $373 million

RACHEL ALEMBAKIS  |  FRIDAY, 8 FEB 2013  |  NEWS
Australian and New Zealand organisations have lost an estimated AU$373 million due to fraud in the last two years, but only 15% of organisations surveyed by KPMG see fraud as a key risk. Gary Gill "People don't take fraud, bribery and corruption seriously ...

US$178.5bn in sustainable investments in Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 JAN 2013  |  NEWS
There are US$178.5bn of sustainable investments in Australia, representing about 18% of total assets under management, with integration of environmental, social and governance (ESG) factors being the single largest strategy employed by sustainable investors ...

Drive to push corporate communication of ESG materiality

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 JAN 2013  |  NEWS
... material to business performance, and investors need to ask companies questions on material ESG factors during traditional investor dialogues, according to a report by the UN Global Compact LEAD project and the Principles for Responsible Investment (PRI). ...

Unlisted alt assets as vehicle for accessing sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 25 JAN 2013  |  NEWS
... green bonds/impact investing. "Unlisted alternatives can form a hedge or be a way of diversifying risk for institutional investor," said Helga Birgden, head of responsible investing for Asia Pacific at Mercer. "Many institutional investors don't have ...

Resource constraints could render pension funds insolvent

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JAN 2013  |  NEWS
Pension schemes could potentially become insolvent within 35 years if future global economic growth is hindered by resource constraints and increasing costs from environmental pressures, according to new research from the British Institute and Faculty ...

PRI work stream to address systemic sustainability barriers

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JAN 2013  |  NEWS
... failing to take full account of long-term value drivers that include ESG factors; and if so, how investors should respond Investor short-termism, mandate design and alignment of interests - to develop new approaches to designing investment mandates ...