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Showing 61 - 70 of 508 results for "Index"

Super gap to close in 2042

ROSE MARY PETRASS  |  MONDAY, 9 SEP 2024  |  NEWS
... equality organisation Financy, which recently put out their analysis of financial equality for women, the Financy Women's Index. The national gender pay gap fell to 11.5% in May, and Financy estimates 22.6 years to achieve equal pay. Employment equality ...

UBS passive strategies flagged on human rights

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... rights complaint against UBS follows legal precedent that financiers are responsible for acting on human rights in passive index funds. The Swiss human rights watchdog accepted a complaint against UBS for holdings in private prison contractors CoreCivic ...

ESG ratings risk greenwash

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... roll call of greenwashing interventions highlights a flaw in ESG ratings as a reliable metric for fund managers, a global index provider says. Referencing an ASIC report, Scientific Beta argues ratings often mislead consumers on the sustainability of ...

Indices move beyond carbon tunnel vision

ROSE MARY PETRASS  |  THURSDAY, 29 AUG 2024  |  NEWS
... has developed the new indices with three levels of progressive action on climate: Low-Carbon Climate Leaders Tilt Equities Index is a low-tracking error alternative to a passive market-cap weighted index, targeting Paris-aligned entities. Paris-Aligned ...

ASX200 boards near gender target: ACSI

ROSE MARY PETRASS  |  THURSDAY, 8 AUG 2024  |  NEWS
... companies having male-only boards, according to ACSI. Recent data from Women on Boards (WOB) found the further down the index that companies are listed, the greater the likelihood that they will have a female chair. When the organisation was founded ...

Pension fund dumps ESG benchmark for passive investments

MICHELLE BALTAZAR  |  FRIDAY, 2 AUG 2024  |  NEWS
... Government Pension Investment Fund (GPIF), one of the largest managers of retirement savings in the world, has dumped the ESG index it had been using for its passive investments in previous years. In March, the fund said it has decided to change its ...

Aus funds hit by outflows, global gains for passive ESG

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
... to Morningstar Sustainalytics, while passive products gained $7.6 billion (US$5 billion) of net new money. This trend of index-linked products dominating market share was also reflected in the league tables. Dimensional Fund Australia, Betashares and ...

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  MONDAY, 8 JUL 2024  |  NEWS
... offering has returned 10.1%, while Verve Super achieved 9.9% last financial year. The results are for the Future Super Balanced Index option and Verve Super's standalone strategy. Future Group said the results are proof that responsible investing ...

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  FRIDAY, 5 JUL 2024  |  NEWS
AustralianSuper has unveiled a raft of changes to its investment exposures and fees which came into effect July 1, including its Socially Aware option. Across its MySuper, Choice and TTR Income products, the super fund has removed its exposure to listed ...

Retirement heavyweight pitches climate fix

ROSE MARY PETRASS  |  THURSDAY, 27 JUN 2024  |  NEWS
... the norm. The fund is ideally placed to set the standard here." Australia's super system should follow the EU's index alignment with 1.5°C and net zero by 2050, the Climate Transition Benchmarks (CTB) and Paris-Aligned Benchmarks (PAB), he says. ...