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Northern Trust ESG index range crosses US$1 billion mark

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUN 2014  |  NEWS
... incorporates the fund's environmental, social and governance (ESG) screens. "We are delighted to see such a landmark investment in our European fund family," said Mamadou-Abou Sarr, senior investment strategist at Northern Trust Asset Management, based ...

UCA Funds Management release 2013 annual report

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 JUN 2014  |  NEWS
... management grew by 10% to more than AU$900 million last year and will register their retail funds as registered managed investment schemes, according to their 2013 annual report. Michael Walsh, UCA Funds Management CEO UCA Funds Management said the 10% ...

PRI coalition calls for improved palm oil practices

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 JUN 2014  |  NEWS
A coalition of signatories to the Principles for Responsible Investment (PRI) has called on palm oil producers to improve practices with the aim of "decoupling palm oil production from deforestation." The PRI's Sustainable Palm Oil Investor Working ...

AMP Capital lists fossil fuel exclusions for RIL funds

RACHEL ALEMBAKIS  |  FRIDAY, 30 MAY 2014  |  NEWS
... list of companies exposed to the most emissions-intensive fossil fuels that they will exclude from their Responsible Investment Leaders (RIL) funds range. Ian Woods, AMP Capital RIL is a range of fund of funds with a long-term investment strategy that ...

KPMG finds companies invest $12.2bn in social programs

RACHEL ALEMBAKIS  |  FRIDAY, 30 MAY 2014  |  NEWS
... new global report by KPMG International. Chi Woo, KPMG Australia partner KPMG's report, Unlocking the value of social investment, reviewed corporate reports issued in 2012-2013 by the 10 largest global companies in 10 industry sectors - automotive, chemicals ...

Westpac reports progress on sustainability targets

RACHEL ALEMBAKIS  |  FRIDAY, 30 MAY 2014  |  NEWS
... 2017. In the sustainability strategy, Westpac also committed to making up to AU$6 billion available for lending and investment in clean tech and environmental services across the business, and the bank reported that AU$4.0 billion had been made available ...

LUCRF selects Northern Trust for ESG-screened mandate

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 MAY 2014  |  NEWS
... with LUCRF's ESG policy and its commitments as a signatory to the United Nations-backed Principles for Responsible Investment, said Roger McIntosh, head of investments at LUCRF. "The board has adopted a policy around ESG screens that is consistent with ...

Future Fund hires new head of ESG risk management

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 MAY 2014  |  NEWS
... and has experience across Europe, Asia and Australia, the Future Fund said. "Integrating ESG risk management into our investment decision-making is an important part of our program," said David Neal, Future Fund chief investment officer. "I am thrilled ...

ASIC guide widens scope of risk, future prospect disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAY 2014  |  NEWS
A regulatory guide released by the Australian Securities and Investments Commission (ASIC) has extended recommendations of how directors should disclose risks and future prospects of a listed company, opening further opportunities for transparency around ...

Net Balance, Gold Standard report on co-benefits value

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAY 2014  |  NEWS
... abatement activity of climate projects can also open up new financing vehicles through either philanthropic support or investment in an emerging area known as results-based finance, Salisbury also noted. "Traditionally in the carbon space, you pre-sell ...