Search Results

Showing 341 - 350 of 2894 results for "Fund"

First Aussie circularity fund shoots for $1bn

ROSE MARY PETRASS  |  WEDNESDAY, 27 NOV 2024  |  NEWS
Boston Global inaugural Circular Future Fund (CFF) promises an economy where no resource goes to waste, with a goal of $1 billion FUM in the next five years. To launch the fund, the investment banker and family office teamed up with environmental organisation ...

Super funds set renewables targets

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024  |  NEWS
The Association of Superannuation Funds of Australia (ASFA) has welcomed the decision at a recent Treasury investor roundtable to progress work towards encouraging greater investment in Australia's renewables transition. The roundtable was for the ...

ETFs recover and dominate

ROSE MARY PETRASS  |  MONDAY, 25 NOV 2024  |  NEWS
... in the past 12 month. The ESG product with the highest inflows was Vanguard International Shares Select Exclusions Index Fund; $152 million (28%) over 12 months. Vanguard Ethically Conscious International Shares Index ETF gained $149 million (22%), Dimensional ...

Future Fund to back energy transition, residential housing

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024  |  NEWS
The Future Fund has been handed a new mandate, with the government directing it to prioritise investments in the energy transition, residential housing, and infrastructure. The $230 billion sovereign wealth fund has been provided with a new investment ...

COP29 skirts diplomatic disaster

ROSE MARY PETRASS  |  MONDAY, 25 NOV 2024  |  NEWS
... billion of climate finance from 2021/2022 to 2025/2026. $120 million was pledged globally to the Montreal Protocol Multilateral Fund for energy efficient equipment, and $15 million by the UK for sustainable cooling technologies. However, COP29 reached ...

Mega asset manager defends OECD complaint

ROSE MARY PETRASS  |  FRIDAY, 22 NOV 2024  |  NEWS
BlackRock dismisses allegations it increased spending in agribusiness and ignored known harm in its active and index funds. The complaint follows legal precedent that financial institutions are responsible for acting on human rights and environmental ...

Responsible funds thrive despite greenwash fears: RIAA

ROSE MARY PETRASS  |  WEDNESDAY, 20 NOV 2024  |  NEWS
Despite greenwashing being a major deterrent to responsible investment in 2024, the sector still saw $1.6 trillion inflows and returns outperformed the traditional Australian shares market. Responsible Investment Association Australasia's (RIAA) annual ...

COP fails to bridge yawning funding gap

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
... new climate financing regime was needed that will not heighten their debt burden. A pledge of $720 million was reached on a fund to compensate developing nations for loss and damage from climate change. UN Secretary-General Antonio Guterres said commitment ...

Climate adaptation presents $100bn opp: IGCC

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
There is an urgent need for investments to protect against escalating climate risks and minimise capital flight from vulnerable areas as the globe careens closer to a runaway climate change scenario. At the Investor Group on Climate Change (IGCC) summit ...

Australia among the leaders in lowering carbon emissions

MICHELLE BALTAZAR  |  THURSDAY, 14 NOV 2024  |  NEWS
... two months posted the lowest penetration of coal in the national grid. Besides the government, the investment community - fund managers and super funds - plays a critical role. "The report confirms urgent action is required. The $4 trillion in super ...