Search Results

Showing 881 - 890 of 4221 results for "ALS"

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025  |  NEWS
BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Tennessee's suit alleged BlackRock ...

Meta fact-checking move unsettles ethical investors

ROSE MARY PETRASS  |  THURSDAY, 16 JAN 2025  |  NEWS
Meta's decision to swap fact-checking for user-generated community labelling has created a dilemma for responsible investors. While U Ethical and other fund managers exclude the social media giant for ESG non-compliance, others - including Vanguard ...

Super moves: Future Fund, QIC, Vanguard Super

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025  |  NEWS
Max Gill has been promoted to senior portfolio analyst with QIC's state investments team. Gill joined the Queensland Government's $68 billion investment arm six years ago working initially with the global multi-asset team followed by the state ...

GAM boosts local sales team

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025  |  NEWS
Following the recent appointment of Eric Finnell as managing director for Australia and New Zealand, GAM Investments has hired a new business development manager to look after wholesale clients. Reporting directly to Finnell, Malcolm Kazal brings with ...

GIC's investment chief to step down

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025  |  NEWS
GIC investment chief Jeffrey Jaensubhakij plans to step down after almost three decades at the sovereign wealth fund, according to local reports. It is widely expected that deputy group chief investment officer Bryan Yeo will be promoted to the top ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025  |  NEWS
Legalsuper is looking for a new investment chief, following the resignation of Paul Murray who departed the industry fund just nine months into the job. Chief executive Luke Symons confirmed that Murray resigned from the fund on 20 December 2024 for ...

High ESG score? More likely to greenwash

ROSE MARY PETRASS  |  WEDNESDAY, 15 JAN 2025  |  NEWS
ESG scores do not reflect a company's true environmental impact - in fact, there is a positive correlation between high ESG scores and greenwashing. Companies with high ESG scores are more likely to greenwash - particularly large ones, new research ...

Apollo scoops up Argo Infrastructure Partners

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JAN 2025  |  NEWS
Apollo Global Management is acquiring Argo Infrastructure Partners, in a deal that will see close to $10 billion added to Apollo's platform. Apollo has entered an agreement to buy Argo, a mid-market manager of essential infrastructure assets across ...

Subscription EVs attract HESTA, IFM interest

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JAN 2025  |  NEWS
IFM Investors and HESTA, by way of its mandate with the former, will take a 49% stake in Splend Group, a provider of subscription electric vehicles. IFM Investors has made the investment via its Growth Partners Fund 2, with HESTA and others also investing ...

Biodiversity loss, climate front of mind for investors

ROSE MARY PETRASS  |  MONDAY, 13 JAN 2025  |  NEWS
Institutional investors are increasingly concerned about the "twin crises" of biodiversity loss and climate change resulting from deforestation. That was a key finding of ISS STOXX's Natural Capital Research Institute's first report on how investors ...