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Showing 71 - 80 of 819 results for "Total"

Shareholders to say 'no' to gambling ads

MICHELLE BALTAZAR  |  TUESDAY, 13 AUG 2024  |  NEWS
... recommendation last year for a complete ban according to a parliamentary inquiry on online gambling led by the late MP Peta Murphy. A total ban would place both media companies under more revenue strain. Media watchdog, the Australian Communications ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... the EU CBAM, and the US IRA will drive the global market for low-carbon ammonia up to 420 million tons - two-thirds of the total market - by 2050. With a projected carbon abatement capacity of 3.2 Mtpa CO2-e, Woodside CEO Meg O'Neill said the purchase ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... engaged in conduct that could mislead the public. A hearing held on 7 December 2023 saw ASIC urge the court to approve the total penalty of $11.3 million. Justice Horan did not approve the penalty until today. The options in question were the Sustainable ...

Pension fund dumps ESG benchmark for passive investments

MICHELLE BALTAZAR  |  FRIDAY, 2 AUG 2024  |  NEWS
... fund is one of the top performing sovereign funds in the world with impressive returns of 22.67% in the year to March. Its total assets under management stood at $2.3 trillion (US$1.5 trillion).

Systems thinking to drive alpha, tackle systemic threats

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... retaining talent is top of mind for 65%. Sustainability measures, as well as systems-thinking strategies like whole-of-fund 'total portfolio approaches' (TPA), and '3D investing' (optimising risk, return and real-world impact) are pinned as key strategies. ...

Quinbrook closes clean energy capital raise at $3bn

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... marks Quinbrook's third fund close in this past year and its fifth successive energy transition-focused fund, bringing total capital raised to more than US$4.3 bn. It follows the Low Carbon Power Fund, which closed at US$1.6 bn in 2019, and the Renewables ...

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... Agreement, an international treaty. In 2023 more than 30 asset managers signed up and over 90 disclosed targets, bringing the total to 264. Among them nearly all (98%) set interim targets for 2030 or earlier, with 26% setting interim targets for next ...

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024  |  NEWS
The fund's Global Environmental Opportunities (GEO) option returned a dismal -15.96% in FY24, but chief investment officer John Pearce says the growth themes remain intact, adding it's on a more solid footing than in FY21 when returns soared ...

Rest awards private equity mandate to TowerBrook Capital

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024  |  NEWS
... This commitment also inches Rest closer towards its goal of a 1% allocation to impact investments across the fund's total portfolio by 2026. Notably, it defines impact investments as those made in members' best financial interests, to provide ...

TelstraSuper pumps more into renewables

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2024  |  NEWS
... now received additional funding from TelstraSuper, which said the investment aligns to its strategy of having 1% of its total assets invested in climate-focused initiatives by 2025. The fund has about $27 billion in funds under management. A spokesperson ...