Search Results

Showing 401 - 410 of 2894 results for "Fund"

Podcast: Responsible investment stewardship towards net zero with Rachel Halpern

THE GREENER WAY  |  TUESDAY, 10 SEP 2024  |  NEWS
Responsible investors are pushing back against so-called 'Tea and Scones Stewardship' and demanding meaningful company engagement. Done right, stewardship can steer companies toward net zero; done wrong, it's as unsatisfying as a lukewarm ...

Schroders quietly backpedals on carbon

ROSE MARY PETRASS  |  MONDAY, 9 SEP 2024  |  NEWS
Schroders has quietly changed its exclusion policy and sustainable fund offering, all while issuing a disclaimer on ESG. The active investment manager dropped the word 'Sustainable' from its Schroder Sustainable Global Core Fund; the fund will now be ...

UBS passive strategies flagged on human rights

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... that claims to exclude a particular activity, including human rights abuses, to have indirect ownership through an index fund - unless the financial product issuer has clearly disclosed this limitation in its screening process". "It is absolutely possible ...

CareSuper ousts ESG policies in merger

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... Spirit Super's, with investment options renamed and aligned with those currently offered by CareSuper, the $23 bn industry fund for office workers. Spirit Super's 'Sustainable' investment option will become CareSuper's 'Sustainable Balanced' option (SBO). ...

ClearBridge launches new ESG fund

MATTHEW WAI  |  WEDNESDAY, 4 SEP 2024  |  NEWS
ClearBridge Investments has launched the Global Value Improvers Fund, which aims to provide exposure to undervalued companies and those that are currently improving on ESG measures. This comes after ClearBridge launched its first global equity option ...

ESG ratings risk greenwash

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
ASIC's latest roll call of greenwashing interventions highlights a flaw in ESG ratings as a reliable metric for fund managers, a global index provider says. Referencing an ASIC report, Scientific Beta argues ratings often mislead consumers on the ...

Podcast: Screening and controversies - tobacco, weapons, fossil fuels and more with Julia Leske

THE GREENER WAY  |  TUESDAY, 3 SEP 2024  |  NEWS
... gambling, weapons, fossil fuels, or adult entertainment - they turn to ESG screening. But what happens behind the scenes when fund managers make these crucial decisions? Are all ESG funds created equal? And how can an investor be sure their money isn't ...

Australian Ethical profit up 57% to $18.5m

ROSE MARY PETRASS  |  THURSDAY, 29 AUG 2024  |  NEWS
... Australian Ethical's profits are up, revenue up, and dividends up, with the share price jumping by just over 6%. The fund grew its funds under management by 13% to $10.4 billion, revenues by 24% to $100.5 million, and record underlying profit after ...

Shareholders to pressure supermarkets over seafood sourcing

ROSE MARY PETRASS  |  WEDNESDAY, 28 AUG 2024  |  NEWS
A group of 130 shareholders will attempt to force the major supermarkets to change their seafood suppliers to prevent the extinction of a rare species. 130 investors are targeting Woolworths and Coles to drop industrial salmon farming in Macquarie Harbour ...

Regulator hones in on greenwash as climate laws tighten

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
The corporate watchdog is sharpening its focus on financial products and services as mandatory climate reporting looms, according to ASIC commissioner Kate O'Rourke. The regulator has taken action 47 times between April 2023 and June 2024, including ...