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Sustainable investing needed as global economy transforms

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2012  |  NEWS
Investment consultants Towers Watson believes that the world economies are in a period of transformation across a range of environmental, social and governance (ESG) factors, and institutional investors need a similar level of transformation to their ...

NAB funds second Environmental Upgrade Agreement

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2012  |  NEWS
... repayment structure and its existence as a statutory charge makes the EUAs a form of senior debt, with significantly less investment risk to investors. It also matches the duration of energy efficiency savings. This is the second EUA that NAB has co-financed ...

ANZ, GPT Group named 2012 DJSI supersector leaders

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2012  |  NEWS
... Sustainability Indexes (DJSI) review. DJSI has released its annual update to its sustainability indices, as announced by SAM, an investment boutique specialising in sustainability investing, and S&P Dow Jones Indices. In their assessment of ANZ Bank ...

Clean Energy Council: keep Renewable Energy Target

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2012  |  NEWS
... Energy Council (CEC) has called upon the federal government to retain the 20% Renewable Energy Target (RET) to ensure investment-grade stability and drive job creation in the renewable energy industry. The Climate Change Authority is reviewing the target ...

Local Government Super recognised at Green Globe Awards

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 SEP 2012  |  NEWS
... decade-long commitment to environmental leadership," said Peter Lambert, LGS CEO. "Firstly our approach makes good long-term investment sense by reducing environmental risks and seeking low carbon investment opportunities. Secondly, sustainability issues ...

Omega Global Investors hires investment research analyst

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 SEP 2012  |  NEWS
Fund manager Omega Global Investors has hired Andrew Cleeland as investment research analyst. Andrew Cleeland Cleeland comes to Omega from Austock, where he was a quantitative analyst for five years. He specialises in quantitative research and analysis ...

Australian property continues to lead GRESB performers

RACHEL ALEMBAKIS  |  FRIDAY, 7 SEP 2012  |  NEWS
... 40% of respondents are considered Green Starters," with limited disclosure of sustainability performance towards the investment community. See Also: Australian property funds top GRESB list

UNPRI signatories name corporate ESG engagement issues

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 SEP 2012  |  NEWS
United Nations Principles for Responsible Investment (PRI) signatories say that executive remuneration, climate change and supply chain labour standards are "priority areas of engagement" with invested companies in the next year. These areas of engagement ...

Solaris Investment Management augments distribution

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 SEP 2012  |  NEWS
Solaris Investment Management has hired Neale Goldston-Morris as investment specialist, representing the fund manager to the institutional investment market. Goldston-Morris comes to Solaris from Macquarie Securities, where he was director, head of ...

PRI commitment spurs high-level action by Neuberger Berman

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2012  |  NEWS
Global fund manager Neuberger Berman has signed the Principles for Responsible Investment, and is integrating the PRI's commitments into its operational structure, a process that is causing the firm to utilise its resources in new ways. Lucas Rooney ...