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Investors integrating ESG in quant portfolios: Northern Trust

RACHEL ALEMBAKIS  |  FRIDAY, 24 APR 2015  |  NEWS
Institutional investors globally are applying environmental, social and governance (ESG) factor evaluation to their quantitative equity funds, according to Northern Trust. Mamadou-Abou Sarr global head of ESG investing, Northern Trust Asset Management ...

Northern Trust opens Australia/NZ asset management office

RACHEL ALEMBAKIS  |  FRIDAY, 17 APR 2015  |  NEWS
Northern Trust has formally established an asset management sales and client servicing team in Australia, and is highlighting the firm's ability to tailor equities products with environmental, social and governance (ESG) performance screens. Steve Potter ...

Australian, NZ social enterprises top B Corp list

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 APR 2015  |  NEWS
Ten Australian companies that are certified B Corporations (B Corp) have been named global leaders for their contributions to community, workers and environment. B Corp has issued its annual Best for the World list, which recognises the top 10% of all ...

AICD backs 30% women ASX200 directors target

RACHEL ALEMBAKIS  |  FRIDAY, 10 APR 2015  |  NEWS
The Australian Institute of Company Directors (AICD) is backing a 30% target for female directors of ASX200 companies by 2018. This new target is a "significant extension" of AICD's previous diversity initiatives, said John Brogden, AICD managing director ...

bankmecu to participate in GABV bank investment fund

RACHEL ALEMBAKIS  |  THURSDAY, 2 APR 2015  |  NEWS
bankmecu will participate in an open-ended impact investment fund that will provide values-based banks with capital to promote growth. Damien Walsh, bankmecu managing director The Global Alliance for Banking on Values (GABV), of which bankmecu is a ...

ASIC issues report on payday lending

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAR 2015  |  NEWS
The Australian Securities and Investments Commission (ASIC ) has warned the payday lending industry to improve its consumer protections or face more enforcement action. ASIC issued a report recently that found that some payday lenders are "engaging ...

Climate Bonds Initiative looks to China's green bond market

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAR 2015  |  NEWS
The push to develop the global green bond market continues unabated, with the Climate Bonds Initiative launching a report aimed at establishing a green bond market in China, and KPMG International publishing a paper for potential green bond issuers. ...

Mirvac integrates sustainability in "place-making" thinking

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 MAR 2015  |  NEWS
Property developer and manager Mirvac is applying its sustainability strategy to their role in "place making" when building retail, residential and commercial developments. Paul Edwards, group general manager sustainability, Mirvac In January 2014 ...

Investors consider ESG in alternative assets: Mercer

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 MAR 2015  |  NEWS
A majority of institutional investors "actively consider" environmental, social and governance (ESG) criteria in alternative asset allocations, according to a survey by LGT Capital Partners and Mercer. More than three quarters - 76% - of respondents ...

Women on Boards tracks gender diversity gains

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAR 2015  |  NEWS
There have been increases in the number of women on boards across many sectors in Australia, but progress is uneven and in some cases, such as on boards of state-owned corporations in Queensland, Western Australia and the federal government, there have ...