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Showing 71 - 80 of 248 results for "asset managers"

Investors exit climate group amid politicisation

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
Climate Action 100+ (CA100+) has lost two more asset managers; Allspring and AllianceBernstein decided to leave in May. The high-profile withdrawals have been pinned to heavy politicisation of ESG. This follows the departure of J.P. Morgan, Invesco ...

Women continue to lag in asset management

ROSE MARY PETRASS  |  FRIDAY, 21 JUN 2024  |  NEWS
... and exit rates. At the senior level, gender parity remains a challenge. Asset owners hire more women compared to asset managers (33.2% versus 24.5%) - particularly in 'head of' roles - but struggle to retain talent, with 18% annual turnover compared ...

Sustainable Finance Roadmap to turbocharge investment

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
... Australia), and Responsible Investment Association of Australia (RIAA), signalled their support. Superannuation firms and asset managers, including Adamantem Group, Ardea Investment Management, Aviva Investors, BNP Paribas, AustralianSuper, Aware Super ...

On biodiversity, a 143-year-old museum comes to the rescue

MICHELLE BALTAZAR  |  THURSDAY, 2 MAY 2024  |  NEWS
... to commit 100% of their resources into the 'E' in ESG data collection. "We understand the constraints on asset managers who are working across hundreds, if not thousands, of companies where they want to focus on... while we have the ability to ...

Historic data stymies climate risk pricing

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... risk-and-return trade-offs, the head of responsible investing research at a specialist global asset manager says. Asset managers increasingly understand their important role in understanding the financial risks and opportunities posed by climate change ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... Vanguard. 18% of the ESG funds were active, while 82% were passive. In total, ESG-labelled funds managed by the five asset managers allegedly funneled shares worth US$13 billion to weapons dealers, tech firms and other firms linked to the military regime ...

Industry unveils plan to boost female executives

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... Australia's $4 trillion finance sector. Its launch follows the release of gender pay gap data for super funds and asset managers. In financial services, the median total gender pay gap sits at 26%. Women comprise 29% of investment teams at fund managers ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... operations. Science-based targets are now a cornerstone of ESG policies of companies, and investor ESG methodologies. Asset managers are converging towards standardized and common frameworks, such as the UN Sustainable Development Goals as a benchmark. ...

New Forests invests in Thai peat forest

RACHEL ALEMBAKIS  |  THURSDAY, 22 FEB 2024  |  NEWS
... it had raised US$130 million towards its US$300 million target for TAFF2. The goal of the fund is to show that asset managers can integrate activities that support sustainability and biodiversity - such as ecosystem restoration, reforestation, and community ...

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 ...