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Gender lens investing to receive $1.5bn injection

MICHELLE BALTAZAR  |  FRIDAY, 2 AUG 2024  |  NEWS
ANZ bank, fund manager Nuveen and the Australian Department of Finance and Trade (DFAT) are part of a steering committee backing Indonesia's move to raise $1.5 billion in gender-based capital by next year. The agreement was struck at a roundtable meeting ...

Quinbrook closes clean energy capital raise at $3bn

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... Australia, the US, Canada, the UK, and Europe. Co-founder and managing partner David Scaysbrook said the close demonstrates investor confidence in Quinbrook's active management strategy focused on project development, asset creation, and business ...

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... with 26% setting interim targets for next year, 2025. With a reach across 35 nations, NZAM is supported in APAC by the Investor Group on Climate Change (IGCC), a network of investors with AU$33 trn AUM, and the US$28 trn Asia Investor Group on Climate ...

NZ investors to buoy positive impact funds, fears greenwashing

MICHELLE BALTAZAR  |  THURSDAY, 1 AUG 2024  |  NEWS
Positive impact fund managers should direct their efforts towards the New Zealand market after an investor survey last month found three in four New Zealanders want to invest in positive impact strategies. The annual survey, Voices of Aotearoa: Demand ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
... Mining giant Rio Tinto's political lobbying activities are a greenwashing risk, a breach of public trust, and a form of investor deception, according to ACCR. This week, a prominent shareholder advocacy group announced it cut ties after a year-long engagement ...

ISS ESG to plug emissions data shortfall for banks, insurers

MICHELLE BALTAZAR  |  THURSDAY, 1 AUG 2024  |  NEWS
Climate data provider ISS ESG removes one of the biggest hurdles for banks and insurers looking to comply to imminent emissions disclosure laws. This week ISS ESG, the sustainable investment arm of ISS STOXX, announced a string of upgrades to its Climate ...

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024  |  NEWS
... well as heavy and long-haul transport," they said. IFM Investors global head of asset management Danny Elia: "As a major investor in airports, we have a significant interest in facilitating cleaner flying, so we are proud to support this significant ...

Aus funds hit by outflows, global gains for passive ESG

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
... sustainable and impact funds," Popat said. "Only 5% of all funds 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 ...

QIC replaces real estate managing director

KARREN VERGARA  |  MONDAY, 29 JUL 2024  |  NEWS
... of O'Brien and his team to position the real estate platform for continued evolution and growth in alignment with investor objectives. "QIC manages a significant portfolio of real estate with core and core plus exposures to retail, office and industrial ...

First Environmental Futures trade on ASX

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
Today, the ASX launched trading for three Environmental Futures contracts, pinned as a major step in the development of local carbon markets. Australia and New Zealand's first carbon futures contracts will improve access to carbon markets to allow market ...