Search Results

Showing 971 - 980 of 3477 results for "Fund"

ClearBridge launches new ESG fund

MATTHEW WAI  |  WEDNESDAY, 4 SEP 2024  |  NEWS
ClearBridge Investments has launched the Global Value Improvers Fund, which aims to provide exposure to undervalued companies and those that are currently improving on ESG measures. This comes after ClearBridge launched its first global equity option ...

ESG ratings risk greenwash

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
ASIC's latest roll call of greenwashing interventions highlights a flaw in ESG ratings as a reliable metric for fund managers, a global index provider says. Referencing an ASIC report, Scientific Beta argues ratings often mislead consumers on the ...

Nothing to fear: Sustainable investing trade-offs

MIRZA BAIG  |  WEDNESDAY, 4 SEP 2024  |  NEWS
Sustainable investing, and the supposed trade-offs involved, have been a topic of heated debate. But trade-offs are a fundamental part of all types of investment; the key is to be clear about one's objectives. This paper explains: why all investments ...

Podcast: Screening and controversies - tobacco, weapons, fossil fuels and more with Julia Leske

THE GREENER WAY  |  TUESDAY, 3 SEP 2024  |  NEWS
... gambling, weapons, fossil fuels, or adult entertainment - they turn to ESG screening. But what happens behind the scenes when fund managers make these crucial decisions? Are all ESG funds created equal? And how can an investor be sure their money isn't ...

Australian Ethical profit up 57% to $18.5m

ROSE MARY PETRASS  |  THURSDAY, 29 AUG 2024  |  NEWS
... Australian Ethical's profits are up, revenue up, and dividends up, with the share price jumping by just over 6%. The fund grew its funds under management by 13% to $10.4 billion, revenues by 24% to $100.5 million, and record underlying profit after ...

Shareholders to pressure supermarkets over seafood sourcing

ROSE MARY PETRASS  |  WEDNESDAY, 28 AUG 2024  |  NEWS
A group of 130 shareholders will attempt to force the major supermarkets to change their seafood suppliers to prevent the extinction of a rare species. 130 investors are targeting Woolworths and Coles to drop industrial salmon farming in Macquarie Harbour ...

Regulator hones in on greenwash as climate laws tighten

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
The corporate watchdog is sharpening its focus on financial products and services as mandatory climate reporting looms, according to ASIC commissioner Kate O'Rourke. The regulator has taken action 47 times between April 2023 and June 2024, including ...

Senate passes landmark climate reporting and net zero authority laws

ROSE MARY PETRASS  |  FRIDAY, 23 AUG 2024  |  NEWS
The finance industry welcomes new climate rules to empower investor decision-making and corporate action but urges no further delays in enforcement. Climate reporting will be mandatory for large entities from 1 January 2025, helping investors identify ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024  |  NEWS
... contributions will have a nominal interest rate amount applied to them and will then be paid to their nominated superannuation fund the following year and taxed at the current superannuation tax rate of 15%. Some 180,000 families access the scheme each ...

Aussie funds loyal in climate group exodus

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
... including CalPERS, CalSTRS, Nippon Life Insurance Company, Church of England Pensions Board, and New York State Common Retirement Fund. NOTE: A Breckinridge spokesperson confirmed the firm's exit following publication.