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Equity Trustees fined by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 20 JUN 2025  |  NEWS
Equity Trustees was fined nearly $60,000 by the regulator for making misleading statements about the holdings of a sustainable bond fund. Equity Trustees agreed to pay three infringement notices totalling $56,340 over allegations it made misleading ...

Australia's sustainable finance taxonomy launches

KARREN VERGARA  |  FRIDAY, 20 JUN 2025  |  NEWS
The Australian Sustainable Finance Institute (ASFI) has launched the nation's sustainable finance taxonomy and will be trialled by the likes of HESTA, Rest, Westpac and Moody's Ratings. The sustainable finance taxonomy aims to support the credible allocation ...

Funding lifts for climate, health, people startups

KARREN VERGARA  |  TUESDAY, 17 JUN 2025  |  NEWS
While funding for impact startups has broadly declined, those operating in climate, health and people has seen funding levels improve compared to three years ago, according to the Impact Startups Benchmark Report 2025. The study compiled by Giant Leap ...

Santos receives takeover offer from Abu Dhabi-led consortium

ANDREW MCKEAN  |  MONDAY, 16 JUN 2025  |  NEWS
Santos has received a non-binding $8.89 per share cash offer from the XRG Consortium, led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company (ANDOC), alongside Abu Dhabi's sovereign wealth fund ADQ and US private equity firm Carlyle. The ...

Aware Super tops up direct equities team

ELIZABETH FRY  |  THURSDAY, 12 JUN 2025  |  NEWS
Aware Super's direct equities portfolio has received a boost with three new appointments - one promotion and two new hires. Keen to add another senior investment analyst to the team, Sachin Nair has been elevated to that position. Covering tech ...

Bentham adds to distribution team

ELIZABETH FRY  |  THURSDAY, 12 JUN 2025  |  NEWS
Bentham Asset Management has expanded its distribution capabilities with the appointment of RenĂ© Tetteroo as senior distribution manager and Joshua Poia as business development manager. The strategic hires come as Bentham continues to see heightened ...

Australia's $800bn food industry has highest hidden costs per capita

MATTHEW WAI  |  FRIDAY, 6 JUN 2025  |  NEWS
CSIRO, Australia's national science agency, has released its inaugural report on the $800 billion Australian food industry, highlighting the importance of identifying and measuring "hidden costs" to ensure sustainability. In its Towards a state of the ...

Climate investing declines amid Trump's anti-clean energy regime

MATTHEW WAI  |  THURSDAY, 5 JUN 2025  |  NEWS
Although investors are withdrawing from climate investing due to uncertainty from the aggressive approach by the US President Donald Trump in his pro-fossil fuels and anti-energy agenda, it opens up opportunities further afield. Robeco's fifth Global ...

HESTA moves risk chief to advisory role

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025  |  NEWS
HESTA chief risk officer Andrew Major has moved into a newly created advisory role to work with the fund's investment leadership on strategy. The transition represents a natural evolution for Major, who before joining HESTA's risk division in ...

Rest flags sustainable mandates to soar

MICHELLE BALTAZAR  |  MONDAY, 2 JUN 2025  |  NEWS
Rest is poised to be one of the largest and most active investors in sustainable investments, with ambitious plans to plough billions of dollars into ESG-led businesses. Chief executive Vicki Doyle presented at an industry conference last week where ...
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