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Showing 1 - 10 of 93 results for "AUM"

Proxy voting targets DEI and pay

ROSE MARY PETRASS  |  MONDAY, 29 APR 2024  |  NEWS
... against 4% of committee members nominations in the past 12 months, due to concerns over diversity. With more than $1.5 trillion AUM, the firm says director engagement is the most effective way to assess DEI and advocate for progress. Paulson said: "How ...

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... Management left or scaled back commitment to CA100+. Following this, 60 new signatories with approximately US$3 trillion in AUM joined the group globally. Nearly 50 Australian fund managers and asset owners belong to the organisation, and Australian ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... including cumulative financing volumes of €119 billion, capital markets issuance volumes of €144 billion, and €46 billion AUM. Additionally, DWS, the firm's asset management business, reached €133 billion in ESG AUM as of 2023. The bank is also ...

Members beef up ESG checks

ROSE MARY PETRASS  |  TUESDAY, 19 MAR 2024  |  NEWS
... 66% now saying they want to avoid it - while 54% want to avoid animal testing for non-medical purposes. However, only 11% of AUM are negatively screened for this. "The financial industry needs to listen closely," Parker said. "There's a clear market ...

Members shouldn't carry energy and housing

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... not nation-building rhetoric, said Paul Schroder, chief executive at Australia's largest superfund with A$300 billion AUM. Speaking at the closing panel session of the Australian Council of Superannuation Investors (ACSI) conference on Thursday ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... JP Morgan Asset Management also recently left Climate Action 100+. A spokesperson from Invesco, a fund with US$1.6 trillion AUM, told FS Sustainability that "after careful consideration" the decision to leave the network was because "client's interests ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... Peers, chief information officer (CIO) at Mirova. The B Corp, an affiliate of Natixis Investment Managers with US$32.8 billion AUM, provides responsible finance solutions to institutional and wholesale renewable energy, storage and low-carbon mobility ...

Climate-committed investor group grows to $35tr AUM

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
... brings together retirement fund and investment managers, increased its membership to represent over $35 trillion in global AUM in 2023, up from $30 trillion in 2022. Australian members increased from almost $5 trillion locally to $3 trillion in 2022. ...

Investors push for nature in climate plans

ROSE MARY PETRASS  |  TUESDAY, 6 FEB 2024  |  NEWS
... Taskforce on Nature-related Financial Disclosures (TNFD) - including more than 100 financial institutions with $14 trillion AUM. Investors anticipate that TNFD disclosures will provide essential data to make informed decisions, ensuring that transition ...

Investor group with US$2tr AUM to measure avoided emissions

ROSE MARY PETRASS  |  MONDAY, 29 JAN 2024  |  NEWS
Mirova and Robeco have led a group of investors with more than US$2 trillion of AUM to develop a global database of greenhouse gas emission avoidance factors to help facilitate transition finance. The initiative, supported by 10 founding partners including ...
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