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Latest disclosure update

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
... product categories, 'sustainable' and 'transition', to prevent greenwashing. 'Transition' investments are products that are not yet sustainable, while the 'sustainable' category focuses on environmentally sustainable products ...

Clean energy trends are "unstoppable"

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
... manager says. The long-term trend toward electrification and renewable power shows no signs of slowing yet. Direct investments in the sector, supplemented by fossil fuel energy sources to ensure grid stability during the net zero transition, is turbocharging ...

ESG funds are cheaper: Morningstar

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUN 2024  |  NEWS
Morningstar Sustainalytics has busted the pervasive market view that ESG investments are inherently more costly, by comparing European ESG funds to their mainstream peers. Researchers analysed the asset-weighted representative costs of funds in Europe ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
... its coal exclusion policy, Vision Super is out of step with member expectations as many super funds are dumping all investments in thermal coal. "It's alarming that Vision Super has withdrawn its thermal coal exclusion policy after previously demonstrating ...

Women continue to lag in asset management

ROSE MARY PETRASS  |  FRIDAY, 21 JUN 2024  |  NEWS
... from 24% in 2017, according to Future IM/Pact. The diversity initiative partners with Rest Super, Australian Ethical Investments, Australian Retirement Trust, Aware Super, Colonial First State, HESTA, Mercer, QIC, TCorp, and UniSuper. New research tracks ...

QIC beefs up energy team

ELIZABETH FRY  |  FRIDAY, 21 JUN 2024  |  NEWS
... assets on behalf of institutional investors. The trio is tasked with driving value across the existing portfolio of investments and finding deals. They will also join the boards of four of QIC's Australian energy investments. First up, Paul Maguire ...

Retail CSOs do a shuffle

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
... strategy. In the 2023 financial year the group reportedly delivered over $500 million in net societal benefit through investments in health, food security, decarbonisation and circularity. However, the group has faced criticism from environmental campaigners ...

First dedicated transition fund for emerging markets

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
... from UAE-backed ALTÉRRA, with first close expected by the end of 2024. With a target of $30 bn in global climate investments - and US$250 bn of institutional investment - by 2030, ALTÉRRA is the world's largest private investment vehicle for climate ...

Sustainable Finance Roadmap to turbocharge investment

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
... zero transition plans disclosure. Importantly, it offers a plan for development of product labelling requirements for investments marketed as sustainable, so investors can better understand sustainable finance products. Notably, it also aims to help ...

IFM and QIC scoop major assets in energy deal

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
... alongside governments. "This thematic has seen us grow our infrastructure platform to include some A$9.5 billion in investments supporting the transition to a low carbon economy, as we seek to mitigate the risks of climate change on our investors' ...