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Showing 581 - 590 of 2439 results for "High"

Catastrophe bill blows up to $90bn

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
Swiss Re says global insured losses from natural catastrophes hit $90.5 billion (US$60bn) in the first half of 2024, with severe thunderstorms accounting for two-thirds of that figure. Interestingly, the half was the second costliest on record for insured ...

Shareholders to say 'no' to gambling ads

MICHELLE BALTAZAR  |  TUESDAY, 13 AUG 2024  |  NEWS
Ethical investment groups Ethinvest and Future Group are backing an investor campaign to stop media giants Seven West and Nine Entertainment from running gambling ads. Ethinvest, a financial planning group, and Future Group, the parent company of super ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...

UK pension giant eyes Australian timber

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024  |  NEWS
... asset management," he said. "We believe in Campbell Global we have found a partner that can grow alongside Nest, meeting our high bar for responsible investing - they've demonstrated they want to be good stewards of the environment and the forests ...

Australian Ethical scores gold, others fall off charts

ROSE MARY PETRASS  |  THURSDAY, 8 AUG 2024  |  NEWS
... 16.3%. Nationwide Super followed closely behind at 16.2% in its Responsible Global Shares option. UniSuper's Sustainable High Growth option returned 15%, but its Global Environmental Opportunities (GEO) option dropped by -16.1%. Catholic Super's ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... the Sustainable Plus Australian Shares; Sustainable Plus International Shares; Sustainable Plus Shares; Sustainable Plus High Growth Option; Sustainable Plus Growth; Sustainable Plus Moderate Growth; and Sustainable Plus Conservative Growth. Mercer's ...

Quinbrook closes clean energy capital raise at $3bn

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
Quinbrook, the specialist global infrastructure investment manager, has closed its largest-ever capital raise at $3 billion for the Net Zero Power Fund. The strategy focuses on large-scale solar, renewable fuels, power generators, and battery storage. ...

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
Net zero target setting and disclosures are on the rise amid growing concern around the financial risks of climate change, according to a group of 325 investors with over US$57.5 trillion AUM. The group - Net Zero Asset Managers (NZAM) - aims to decarbonise ...

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024  |  NEWS
... so well, returning close to -16% for the 12-month period. As such, it was the fund's worst performer for the year. The high-risk option, which had about $1.8 billion invested at February end, invests in listed companies whose activities look to address ...

Investors bow to political pressure: IGCC

ROSE MARY PETRASS  |  THURSDAY, 25 JUL 2024  |  NEWS
Climate Action 100+'s local representative confirms two more high-profile exits but insists more funds have signed up than have departed. Parametric and Calvert Research and Management - both owned by Morgan Stanley Investment Management - recently ...