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Young investors' appetite for ESG investing dwindles: Research

JAMIE WILLIAMSON  |  THURSDAY, 6 FEB 2025  |  NEWS
While interest in screens relating to environmental and living wage issues remains strong, passion for ESG investing is waning - particularly among younger investors. Research from Cerulli Associates shows enthusiasm for ESG products has plateaued ...

Energy market not fit for investors

ROSE MARY PETRASS  |  MONDAY, 3 FEB 2025  |  NEWS
... Market (NEM) is not fit to attract the $122 billion required for the net zero transition, according to the Clean Energy Investor Group (CEIG). Market settings are outdated and built for the coal and gas era, says CEIG chief executive Richie Merzian. ...

No charge for carbon target failure

ROSE MARY PETRASS  |  MONDAY, 3 FEB 2025  |  NEWS
... preparing for the inevitable process of implementing significant strategies for climate resilience and adaptation." The Investor Group on Climate Change (IGCC) is confident Australia's mandatory reporting rules will make companies' stated targets more ...

Activist investors set sights on paid parental leave

ROSE MARY PETRASS  |  MONDAY, 3 FEB 2025  |  NEWS
... the Workplace Gender Equality Agency's best practice guide in formulating a paid parental leave policy. The activist investor works by gathering 100 shareholders, the minimum required to file a resolution in Australia. "In the coming weeks, I'll be meeting ...

Looming climate audits expose talent crunch

ROSE MARY PETRASS  |  THURSDAY, 30 JAN 2025  |  NEWS
... sustainability - with dependable assurance key to increasing confidence in the reporting," he said. According to the CA ANZ 2024 Investor Confidence survey, nearly 80% of investors feel more confident in sustainability information being mandatory rather ...

Quant fund hires from JP Morgan

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025  |  NEWS
... future growth," he said. "We've now delivered a 5-year track record with the ECCM Systemic Trend Fund program, with investor returns of 108% over that period, or 15.8% on an annualised basis1," said Havryliv, a former Citi trader. "It's an exciting ...

Realm House hires from Plato

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025  |  NEWS
A former Plato Investment Management credit specialist has joined contrarian credit and fixed income manager Realm Investment House. Simon Tung has been appointed portfolio manager within the boutique asset manager's strategy and risk division. ...

Warakirri adds NSW citrus orchard to ag fund

JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2025  |  NEWS
Warakirri Asset Management acquired a citrus orchard via its Diversified Agriculture Fund, marking the strategy's first investment in New South Wales. The orchard, located in the Riverina, is spread across 160 hectares and features several citrus ...

Green bank returns $5.4bn

ROSE MARY PETRASS  |  WEDNESDAY, 29 JAN 2025  |  NEWS
Australia's government-owned green bank received $3.5 billion in the six months to December 2024 - just over one transaction per week, bringing total transaction value to $71.5 billion. In its latest bi-annual update, the Clean Energy Finance Corporation ...

Green moves: UN PRI, Ditchley, Honest Work

ROSE MARY PETRASS  |  WEDNESDAY, 29 JAN 2025  |  NEWS
... Mei Tang, who was Australia's first chief circular economist, has been promoted to regional head of the UN-supported investor network on ESG. Previously head of Oceania, Sydney-based Tang is now the regional head of Oceania and Asia, excluding China ...