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ESG not dead yet: Fidelity

ROSE MARY PETRASS  |  MONDAY, 10 FEB 2025  |  NEWS
... to Fidelity International, ESG is still kicking, with over half of investors viewing it as highly important for portfolio asset allocation - but most struggle to measure impact. While the relevancy of ESG continues to be actively debated in the industry ...

Cbus divests renewable asset

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025  |  NEWS
Cbus and CVC DIF - the infrastructure strategy of global private markets manager CVC - have agreed to the sale of 1 GW portfolio of Australian renewable energy assets to Potentia Energy for an unknown sum. The geographically and technologically diverse ...

ESG groups scramble to pivot

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025  |  NEWS
More asset managers and banks are dropping like flies from climate-focused initiatives, leaving ESG groups scrambling to stay relevant. Following the exit of four Canadian banks, the Net-Zero Banking Alliance (NZBA) has now bade farewell to JPMorgan ...

Warakirri hires regional manager

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025  |  NEWS
Warakirri Asset Management has hired a new manager to look after clients in New South Wales and Queensland. The boutique asset manager has recruited Trent Faehndrich as regional manager for those states. The recruit is tasked with growing Warakirri's ...

VanEck beefs up Sydney office

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025  |  NEWS
... it gears up for a record year in exchange-traded funds. Anna Wu has been appointed senior associate specialising in multi-asset investment research and strategy. Before joining VanEck, Wu held senior consultant positions at PwC and Macquarie Group, with ...

Frontier hires new real assets lead

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025  |  NEWS
... with leading a dedicated team of eight infrastructure and property specialists and further developing the firm's real asset capability. Minichiello joins Frontier having carved out a twenty-year career in the infrastructure sector. She spent close ...

ETF fund flows hit US$16bn

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025  |  NEWS
At the start of 2024 ethical, responsible, and sustainability-themed exchange-traded funds (ETFs) held $11.47 billion in funds under management - and grew 23% in the year. Net flows were $716.8 million during 2024, and at the end of the year the category ...

JANA revamps research team

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025  |  NEWS
... worked at JANA for 13 years, while Tay arrived from Zenith Investment Partners seven years ago. Moore also landed at the asset consultant seven years ago from Russell Investments, where he was a senior fixed income analyst. In addition to the in-house ...

Investors slam dumping of nature positive laws

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025  |  NEWS
Labor's 'Nature Positive' plan has been shelved after pushback from West Australian Premier Roger Cook and the mining industry. Labor will now not try to negotiate the passage of the bill to create a new federal Environment Protection Agency (EPA). ...

ESG inflows defy global trends

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025  |  NEWS
... too early to tell if Australia is countering the ESG cooling trend, for now, ESG appears to remain a critical factor in asset allocation." Fixed income drives managed fund surge Managed funds inflows grew five-fold in 2024, reaching $13.8 billion, with ...