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Examining the corporate governance implications of share buybacks

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2018  |  NEWS
... companies had announced US$76 billion in corporate buybacks. There is not a lot of research on a link between share buybacks and total shareholder return or long-term corporate strategy. MSCI has recently conducted an analysis of US listed companies ...

CEFC invests $150 million with IFM Australian Infrastructure Fund

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2018  |  NEWS
... National Greenhouse Gas Inventory, which found that "infrastructure-related emissions account for more than half Australia's total greenhouse gas emissions, mainly from the electricity sector (35%) and the transport sector (18%). The CEFC estimates that ...

International Finance Corporation issues $300m Kangaroo social bond

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAR 2018  |  NEWS
... transparency to the Environment, Social and Governance bond market, unlocking additional funding for development." IFC has issued a total of eight social bonds in public and private markets across four different currencies, amounting to a total volume ...

Nearly half of all board appointments to date in 2018 women: AICD

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2018  |  NEWS
... advocacy, AICD Women made up 47% of ASX200 board appointments in the first two months of 2018, up from 36% in 2017. The total percentage of women in ASX200 board position stands at 26.7%, against an AICD target of 30% by the end of 2018. The AICD was ...

Taiwan Bureau of Labor Funds selects FTSE4Good for ESG passive mandate

RACHEL ALEMBAKIS  |  FRIDAY, 16 FEB 2018  |  NEWS
... Protection Fund," according to BLF's website. At the end of 2016, the last annual report available on the website, BLF had a total of NT$3.3451 trillion in assets under management.

Good Shepherd Microfinance launches Speckle, online cash-loan service

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2018  |  NEWS
... permanent resident, earn more than $30,000 a year (not inclusive of government benefits), have no more than 50% of their total income from government benefits and can't have had two or more small amount credit contracts in the last 90 days. Where applicants ...

Green bond issuance from China reached US$37.1 billion

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2018  |  NEWS
... parties across different sectors. The China green bond market has grown steadily with issuance making up 22% of the world's total in 2017. " Separately, CBI announced that the Indonesia Stock Exchange ( IDX ) has become the first Exchange in Southeast ...

Instreet Investment takes majority stake in Acorns Grow Australia

RACHEL ALEMBAKIS  |  FRIDAY, 2 FEB 2018  |  NEWS
... said it now has a majority stake in Acorns Grows Australia, but would not disclose the financial terms of the deal, nor its total holding in Acorns Grow Australia. Previously, Acorns Grow Australia Limited was a joint venture between Instreet Investment ...

Victorian government launches first social impact bond

RACHEL ALEMBAKIS  |  FRIDAY, 22 DEC 2017  |  NEWS
... people to get and sustain housing. The J2SI SIB will fund the expansion of the program starting August 2018, which will see a total of 180 participants - 60 per year for three years - who will receive support for three years. Under the terms of the structure ...

New Forests to sell carbon credits via Emissions Reduction Fund

RACHEL ALEMBAKIS  |  FRIDAY, 22 DEC 2017  |  NEWS
... year," Brand said. "The project will be registered based on all the verification and the assumptions that go into it." In total the project is expected to deliver up to 68,959 tonnes of CO2e climate abatement over 10 years. "The sequestration happens ...