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Showing 41 - 50 of 220 results for "asset managers"

Asset manager defends climate group exit

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
... and has participated in collaborative engagements through CA100+, the Ceres Investor Network, and the Net Zero Asset Managers initiative. "Breckinridge has withdrawn as a signatory to CA 100+ this month," a spokesperson told FS Sustainability. "We believe ...

Litigation immunity sparks legal expert outcry

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... government plans to legislate a three-year immunity on legal actions related to climate reporting for super funds, asset managers, and large corporations. With mandatory climate reporting set to come into force from next year, the bill to halt litigation ...

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... 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 portfolios by 2050 or sooner, to curb warming to 1.5°C in line with the Paris Agreement ...

Aus funds hit by outflows, global gains for passive ESG

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
... and ETFs in Australia are invested in sustainable options, so investor demand has been trend-driven. "However, asset managers still continue to pursue the building up of their ESG capabilities, especially with government regulations and taxonomy guidance ...

Investors bow to political pressure: IGCC

ROSE MARY PETRASS  |  THURSDAY, 25 JUL 2024  |  NEWS
... "misguided political pressure", the spokesperson said. In March, several US state attorneys wrote a letter to US-based asset managers urging them not to allow investment decisions to be "commandeered by activists" to "push political goals". The IGCC ...

Investors exit climate group amid politicisation

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
Climate Action 100+ (CA100+) has lost two more asset managers; Allspring and AllianceBernstein decided to leave in May. The high-profile withdrawals have been pinned to heavy politicisation of ESG. This follows the departure of J.P. Morgan, Invesco ...

Women continue to lag in asset management

ROSE MARY PETRASS  |  FRIDAY, 21 JUN 2024  |  NEWS
... and exit rates. At the senior level, gender parity remains a challenge. Asset owners hire more women compared to asset managers (33.2% versus 24.5%) - particularly in 'head of' roles - but struggle to retain talent, with 18% annual turnover compared ...

Sustainable Finance Roadmap to turbocharge investment

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
... Australia), and Responsible Investment Association of Australia (RIAA), signalled their support. Superannuation firms and asset managers, including Adamantem Group, Ardea Investment Management, Aviva Investors, BNP Paribas, AustralianSuper, Aware Super ...

On biodiversity, a 143-year-old museum comes to the rescue

MICHELLE BALTAZAR  |  THURSDAY, 2 MAY 2024  |  NEWS
... to commit 100% of their resources into the 'E' in ESG data collection. "We understand the constraints on asset managers who are working across hundreds, if not thousands, of companies where they want to focus on... while we have the ability to ...

Historic data stymies climate risk pricing

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... risk-and-return trade-offs, the head of responsible investing research at a specialist global asset manager says. Asset managers increasingly understand their important role in understanding the financial risks and opportunities posed by climate change ...