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Investor Profile: Five Oceans Asset Management

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUN 2012  |  NEWS
Five Oceans Asset Management is an international equities fund manager that uses concentrated, non-index relative approaches to building portfolios of listed global equities. The company has integrated environmental, social and corporate governance ...

SEFA selects Queensland social enterprise for first loan

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUN 2012  |  NEWS
... in a statement announcing the loan. SEFA and Foresters Community Finance's Social Enterprise Solutions brand are the two fund managers selected by the Department of Education, Employment and Workplace Relations to administer the AU$20m Social Enterprise ...

AGL Energy, First Solar granted $130m for solar project

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUN 2012  |  NEWS
... Australian Renewable Energy Agency (ARENA). The federal government will also provide AU$40.7m under the Education Investment Fund to the University of Queensland and University of New South Wales to conduct related research. The NSW Government has also ...

Investor Profile: Omega Global Investors

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUN 2012  |  NEWS
... based in Melbourne. Omega received a nearly AU$170m mandate from the nearly AU$6bn Local Government Super superannuation fund to implement a global government bond strategy that explicitly takes environmental, social and governance signals into consideration ...

AMP Capital fund buys stake in Indian clean energy company

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUN 2012  |  NEWS
The AMP Capital Asian Giants Infrastructure Fund (AGIF) has purchased a minority stake in clean energy company Shalivahana Green Energy Limited (SGEL) for almost US$29m. SGEL develops, owns and operates a portfolio of power generation assets across ...

LGS ESG sovereign debt strategy includes green bond tilt

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 JUN 2012  |  NEWS
... Bank Green bond. Hartnett said that the transparency and information available around green bond issuance has allowed the fund to access Asian countries at a supranational level, pointing to the ADB green bond which funds wind farms in China and Thailand's ...

Report: US$174bn global market for climate-themed bonds

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUN 2012  |  NEWS
... According to the International Energy Agency, there needs to be investment totaling approximately US$1tr per year to 2050 to fund the transition to a low-carbon, climate resilient economy. The report finds that in addition to that core US$174bn of fully ...

Australian Ethical Investments faces EGM board spill

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUN 2012  |  NEWS
A group of dissatisfied shareholders are seeking to spill the entire board of fund manager Australian Ethical Investments at an extraordinary general meeting called for 21 June. The group of shareholders, which include Timothy Xirakis, former head of ...

Majority of ASX200 lack formal labour, human rights policies

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAY 2012  |  NEWS
Only 14% of ASX200 companies have formal policies addressing labour and human rights issues, despite the index's heavy weighting towards sectors with high frequency and/or severity of labour and human rights controversies, according to a new report ...

Former SA Premier Rann appointed Low Carbon Australia Chair

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAY 2012  |  NEWS
Former South Australia Premier Mike Rann has been appointed incoming chair of Low Carbon Australia by Minister for Climate Change and Energy Efficiency Greg Combet. "Mr Rann brings a wealth of knowledge and experience, to our organisation at a time ...