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PRI publishes hedge fund responsible investment paper

RACHEL ALEMBAKIS  |  FRIDAY, 16 NOV 2012  |  NEWS
... number of hedge fund manager signatories. However, there is currently no clear consensus on what being a responsible investor in hedge funds actually entails," said Rob Lake, director of responsible investment at PRI in a statement. "During the financial ...

Hermes Fund Managers launch quant ESG equity strategy

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 NOV 2012  |  NEWS
Hermes Fund Managers has created a global quantitative environmental, social and governance (ESG) strategy and has announced that Local Government Super (LGS) has awarded a AU$90m mandate for the strategy. The strategy combines Hermes' existing quantitative ...

Fewer ASX companies see carbon price as a business risk

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
... 2011. "The highlight was the drop in the number of companies who identify carbon of a risk," Nathan Fabian, CEO of the Investor Group on Climate Change (IGCC) told The Sustainability Report during CarbonExpo in Melbourne this week. "That had been trending ...

Capturing the upside potential of Australia's carbon market

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
While the Australian carbon market is still inhibited by political uncertainties, businesses are beginning to plan for a longer term future where buying and selling carbon units and permits is a part of their strategy. Nick Armstrong, CEO COzero "Last ...

Environmental, operating risk to unconventional oil projects

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
The historically high price of oil is fuelling the economics of unconventional petroleum projects, but investors must factor in greater risk from environmental liabilities such as marine hydrocarbon spills and ongoing operational costs when assessing ...

Responsible investment in The Asian Century

RACHEL ALEMBAKIS  |  FRIDAY, 2 NOV 2012  |  NEWS
... the sustainability challenge - social and environmental challenges - we are facing in Asia will affect institutional investor decisions," said Nathan Fabian, chief executive of the Investor Group on Climate Change. "While I don't think that the white ...

Operational changes needed to strengthen AGM voting: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 19 OCT 2012  |  NEWS
... vote on two resolutions at a Commonwealth Bank of Australia meeting, "a custodial voting agent incorrectly offered the investor an 'abstain option,' when CBA's proxy card did not permit abstentions." In another instance, in a vote on a CSR Limited resolution ...

Study: GRI can boost public sector reporting efficiency

RACHEL ALEMBAKIS  |  FRIDAY, 19 OCT 2012  |  NEWS
The Global Reporting Initiative (GRI) guidelines can contribute to reducing reporting costs and improving reporting efficiency in Australia's public sector, according to research commissioned by GRI's Focal Point Australia. An analysis of six different ...

Omega: governance measurements reduce bond portfolio risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 OCT 2012  |  NEWS
... Portugal, Ireland, and then compare that to the countries that have done well, such as the Scandinavians." See Also: Investor Profile: Omega Global Investors

SEFA: developing sustainable loan portfolio

RACHEL ALEMBAKIS  |  FRIDAY, 12 OCT 2012  |  NEWS
... deliberate portfolio. Triodos Bank is also a retail banker as well, while SEFA is a fund manager. Triodos Bank came on as an investor in SEFA to further the development of social enterprise lending, Blom said. "Why are we interested in someone like SEFA?" ...