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Cbus bolsters ESG integration with new hire

ROSE MARY PETRASS  |  MONDAY, 22 JUL 2024  |  NEWS
Seasoned responsible investment and ESG leader Talieh Williams has joined Cbus Super to drive integration of ESG risk and opportunity across portfolios. In the role of head of ESG integration, Williams will support the creation of long-term returns ...

"Critical decade" for energy

ROSE MARY PETRASS  |  THURSDAY, 18 JUL 2024  |  NEWS
Chris Bowen called the opposition's plans for nuclear "uncosted, unexplained and undeliverable" and said the next decade is critical for investing in utility-scale generation, storage, and transmission. The government's Capacity Investment Scheme has ...

UniSuper sustainable option returns 15.2%

ROSE MARY PETRASS  |  THURSDAY, 18 JUL 2024  |  NEWS
... outperformed default options for the superfund, which has approximately $140 billion in funds under management. Sustainable High Growth and Sustainable Balanced options returned 15.2% and 12.2% respectively. UniSuper's default Balanced option returned ...

Prime role for AI in impact decisions

ROSE MARY PETRASS  |  TUESDAY, 16 JUL 2024  |  NEWS
... environmental impact objectives into investment strategy and mandate design. To bolster the team the firm recruited Michael Kollo, a high-profile AI specialist to its board as a strategic advisor for the launch. He joins quant investor, executive director ...

MLC awards $285m mandate to Janus Henderson

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024  |  NEWS
... bring our best investment talent in both global and emerging market equities to the Australian market," Gaden said. "Our high conviction emerging markets equity strategy is just one example of where we can help investors such as MLC Asset Management ...

Banks to refund millions following ASIC review

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... review into bank fees. ANZ, Bendigo and Adelaide Bank, CBA and Westpac kept at least two million low-income Australians in high-fee accounts, 'Better banking for Indigenous Consumers', found. Most banks only provide customers with difficult 'opt-in' ...

QIC backs new venture capital initiative

ELIZA BAVIN  |  MONDAY, 15 JUL 2024  |  NEWS
... founder and managing partner Brent Watts said the early-stage venture capital firm is focused on backing a diverse portfolio of high potential opportunities and talent in Queensland. "We are already support emerging founders through the 77 Venture Challenge ...

M&A deals ramp up ESG checks

ROSE MARY PETRASS  |  WEDNESDAY, 10 JUL 2024  |  NEWS
ESG pressures are now a priority when it comes to getting deals over the line. Headwinds have failed to sway ESG due diligence in M&A transactions globally, a new report from KPMG finds. Dealmakers say ESG is new business-as-usual. Four in five dealmakers ...

Robeco expands transition strategy with new funds

ROSE MARY PETRASS  |  WEDNESDAY, 10 JUL 2024  |  NEWS
... companies leading the transition and support them with financing. In this way, we foster positive change and ensure that high-emitting companies are a part of the solution. Over time this creates broad-based value, and thus provides alpha opportuniti ...

QIC invests in Australian biotech start-up

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024  |  NEWS
Queensland Investment Corporation (QIC) has announced a new investment in a Brisbane-based biotech start-up. Gelomics has developed a 3D tissue culture system that allows scientists to grow microscopic representations of human tissue to eliminate the ...