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Brookfield reaches first close on second transition fund

RACHEL ALEMBAKIS  |  THURSDAY, 8 FEB 2024  |  NEWS
Brookfield Asset Management has raised US$10 billion for a second global transition fund. The global asset manager announced the first close of the second Brookfield Global Transition Fund (BGTF II), which saw support from both existing and new investors. ...

Green bond investors left in the dark

ROSE MARY PETRASS  |  THURSDAY, 8 FEB 2024  |  NEWS
... find themselves navigating blind due to the lack of standardised emissions reporting methodologies, a specialist global asset manager has revealed. These impact bonds, designed to finance environmentally beneficial projects, also suffer from a scarcity ...

Investors push for nature in climate plans

ROSE MARY PETRASS  |  TUESDAY, 6 FEB 2024  |  NEWS
... qualitatively. According to Anthony O'Grady, researcher at CSIRO, there are challenges with recognising nature as an asset class, especially when companies do not have direct interaction with nature. "There's a lot of talk around how organisations ...

Rise in ESG commitment by global funds: Morningstar

RACHEL ALEMBAKIS  |  MONDAY, 5 FEB 2024  |  NEWS
A review of 12 asset managers that Morningstar deems committed ESG has resulted in five receiving upgrades, while several retained their previous ratings. Morningstar has identified 97 firms globally that they deem as falling into an ESG Commitment ...

Ninety One launches emerging market transition debt fund

RACHEL ALEMBAKIS  |  MONDAY, 5 FEB 2024  |  NEWS
... of their businesses. This provides competitive returns with substantial climate impact." The forthcoming launch comes as asset consultant bfinance has identified more than 80 strategies globally that qualify as impact GSS+ bond strategies, investing ...

Growth in green bond issuance brings choice, challenges

RACHEL ALEMBAKIS  |  MONDAY, 5 FEB 2024  |  NEWS
... category of bonds means investors have increased choice, but also questions about transparency and how to measure impact. Asset consultant bfinance recently issued a report into the USD$2.5 trillion investible GSS+ market and the available strategies ...

Hazardous chemicals a key challenge for investors

ROSE MARY PETRASS  |  FRIDAY, 2 FEB 2024  |  NEWS
... contamination spanning a series of actions including proposed federal limits on drinking water for six PFAS. "ESG analysts and Asset Managers are closely following these developments and I believe that the size of the IIHC's membership (over 50) speaks ...

ANZ sustainable fund flows buck global trend: Morningstar

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
Australian and New Zealand sustainable funds attracted USD$567 million in inflows in the fourth quarter of 2023, according to Morningstar research. Active sustainable strategies were the big winners, seeing net inflows of US$434 million in the fourth ...

Nature-related disclosures underway

ROSE MARY PETRASS  |  THURSDAY, 1 FEB 2024  |  NEWS
... 100 financial institutions, representing US$14 trillion in assets under management, include some of the world's largest asset owners and managers, banks, insurers and leading market intermediaries such as stock exchanges and audit and accounting firms. ...

Australian gender pay gap data to be revealed from February

ROSE MARY PETRASS  |  MONDAY, 29 JAN 2024  |  NEWS
... that companies can expect their gender equity metrics to be scrutinised by investors. "Speaking from the perspective of an asset manager, if our clients put pressure on us to improve our diversity, we will listen and we will act," Ryan said. "Superannuation ...