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Showing 331 - 340 of 1369 results for "Super"

Challenging market weakens ESG-focused fund flows

ROSE MARY PETRASS  |  THURSDAY, 27 JUL 2023  |  NEWS
... investments is estimated to be $US27.5 billion. Australian Ethical increased its market share following a merger with Christian Super. DFA continues to grow its market share and overtook Vanguard as second largest, which fell two places behind BetaShares. ...

Report sounds alarm on data centre climate risks

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... that data centres themselves are increasingly appearing as part of infrastructure asset class allocation, particularly by super funds. "We're already seeing that in terms of actual investments by super funds, and they have an obligation to understand ...

APRA strengthens super fund ESG responsibilities

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
The Australian Prudential Regulation Authority (APRA) has clarified that they expect super funds to demonstrate an understanding of ESG risks and opportunities in investment activities and demonstrate how stewardship activities generate value in investments. ...

University secures $450 million sustainability-linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
Macquarie University has inked a $450 million sustainability linked loan (SLL) as part of a refinancing deal that will see interest rate savings invested in scholarships for disadvantaged students. Macquarie has refinanced its bank facilities and worked ...

Transition Pathway Initiative appoints new chairs as founder steps down

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
David Russell, former head of responsible investment for the Universities Superannuation Scheme (USS), the UK's largest pensions fund, has been named the new chair of the Transition Pathway Initiative (TPI) board. Jake Barnett, managing director ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023  |  NEWS
... performed by women. "KPMG continues to believe that since the Commonwealth pays PPL to eligible workers - and compulsory super contributions rightly form part of remuneration - then it follows logically that the Commonwealth should make SG contributions ...

CEO pay falls in 2022, but 2023 the next test

RACHEL ALEMBAKIS  |  THURSDAY, 13 JUL 2023  |  NEWS
Average take-home pay for ASX100 CEOs in 2022 fell to their lowest level in nine years, but the Australian Council of Superannuation Investors (ACSI) warns that the next test for boards will be remuneration based on 2023 performance. ACSI has released ...

Origin Energy acquires 5% stake in battery cleantech Allegro

ROSE MARY PETRASS  |  TUESDAY, 4 JUL 2023  |  NEWS
Origin Energy has acquired a 5% stake in ReNu Energy's battery cleantech investee company Allegro Energy for $4 million. The funding will support the cleantech's first Gigafactory as well as a staged development of a 60MWh pilot Redox Flow Battery (RFB) ...

Rest bolsters impact portfolio with private equity investment

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023  |  NEWS
In a strategic push to meet its impact investment objectives, Rest has invested in a pooled buyout fund run by European private equity firm ARCHIMED. The investment is part of a broader initiative to fulfill the superannuation fund's target allocation ...

BlackRock raises $500m for Super Battery

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023  |  NEWS
... $500 million from Australian and global institutional and sovereign co-investors to expedite the development of the Waratah Super Battery. The Waratah Super Battery (WSB), believed to be one the largest committed battery energy storage systems globally ...