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Showing 561 - 570 of 2900 results for "Fund"

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... shares are down 21% in the last decade in absolute nominal terms. Santos' profits fell by 42% in 2023. The top three fund options with the highest exposure to Woodside as of 30 June 2023 were AustralianSuper's Balanced option, ESSSuper's ...

AI poses serious governance risk

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
Super funds could be left footing the bill of listed companies that are quick to adopt artificial intelligence (AI) systems but slow to grasp the governance risks when the technology fails. Professor Nicholas Davis, a leading academic on emerging technologies ...

Members shouldn't carry energy and housing

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
Fund members want their super funds to focus on risk-adjusted returns, not nation-building rhetoric, said Paul Schroder, chief executive at Australia's largest superfund with A$300 billion AUM. Speaking at the closing panel session of the Australian ...

New Forests appoints first global head of funds

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024  |  NEWS
New Forests has named Macquarie Asset Management (MAM) veteran Michelle Elliot as its global head of funds. In the newly created role, Elliot will be responsible for improving investment, operations, and investment analytics to support the investment ...

Canberra funds $111m EV transition

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
... Australian Federal Government's Clean Energy Finance Corporation (CEFC) and Australian Renewable Energy Agency (ARENA) will fund electric vehicles and EV infrastructure. Angle Auto Finance and Europcar Mobility Group are the main recipients, snatching ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2024  |  NEWS
If it wins the next election, the Albanese government has announced the Commonwealth Paid Parental Leave (PPL) scheme will include Superannuation Guarantee contributions from next year. In a major win for the super industry and Australian women, 12% ...

Cannon-Brookes backs rural climate fund

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
... environment. "But they need a hand to take action. "With the support of Boundless Earth and Hand Heart Pocket, we've been able to fund 16 place-based, community-led climate solutions projects, which we hope will influence and deliver change for social ...

Apostle promotes PM to investment lead

ELIZABETH FRY  |  FRIDAY, 8 MAR 2024  |  NEWS
The ethical and ESG investment specialist has appointed a head of sustainable investment, promoting from within. In the new role, Kylie Parkyn will continue to oversee the development and implementation of Apostle's sustainable investment strategy ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... reputational risk, which can negatively affect the value of the company," she said. "It's not an uncommon approach for index fund providers, or other multi manager funds, to have outsourced index providers. It is essential the fund managers engage ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... and industrial projects. JP Morgan Asset Management also recently left Climate Action 100+. A spokesperson from Invesco, a fund with US$1.6 trillion AUM, told FS Sustainability that "after careful consideration" the decision to leave the network was ...