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ARENA chief executive steps down

RIDDHIMA TALWANI  |  MONDAY, 19 OCT 2026  |  NEWS
... energy efficiency technologies. It has supported more than 850 projects with over $5 billion in grant funding, unlocking a total investment of almost $15 billion in Australia's renewable energy industry. "I have advised the minister, ARENA board and ...

Australian Ethical FUM drops by $70m

RIDDHIMA TALWANI  |  FRIDAY, 16 OCT 2026  |  NEWS
... the superannuation business, however, rose to $130 million for the quarter, up on the corresponding period last year. The total funds under management (FUM) came to $14.43 billion in the quarter, a drop of $70 million from the $14.5 billion it reported ...

New Forests eyes forestry plantations

KARREN VERGARA  |  THURSDAY, 15 OCT 2026  |  NEWS
... Otway), southern New South Wales and north-east Victoria (Murray Valley) and Central New South Wales (Central Tablelands). The total area amounts to approximately 10,933 hectares. The acquisition does not include AKD's sawmills. Global investment manager ...

ASA launches $250m social infra fund

RIDDHIMA TALWANI  |  TUESDAY, 6 OCT 2026  |  NEWS
... demand and clean cash flow are key value drivers." The fund is targeting a distribution yield of 7% per annum and an 18% total return across the real estate as well as the equity participation in the Equal Living Group. ASA said people being cared for ...

Ares acquires majority stake in $1bn renewable energy portfolio

MATTHEW WAI  |  THURSDAY, 1 OCT 2026  |  NEWS
... infrastructure manager. Ares Management has acquired 80% stake in the portfolio via an Ares Infrastructure Equity fund, where the total estimated enterprise value for 100% at the start of operations amounts to approximately $1.1 billion (US$800m). The ...

ESG commitment stable amid shifting sentiment: LGT survey

RIDDHIMA TALWANI  |  WEDNESDAY, 16 SEP 2026  |  NEWS
... with the same rigour as before or have become stricter, with defence-related investments being the clear exception. "In total, 23% of respondents say they are now less strict on defence-related investments, in contrast to only 3% who have become stricter ...

Mining, property fuel Aussie billionaires' wealth: Report

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2026  |  NEWS
... billionaires' riches are highly concentrated in mining, financial services, technology and property, accounting for 0.7% of the total US$15.1 trillion in global wealth studied by the 2026 Billionaire Census. Global wealth intelligence provider Altrata ...

Judgment reveals Fiducian's greenwashing brush-off: 'ESG is still a fad'

RIDDHIMA TALWANI  |  THURSDAY, 13 AUG 2026  |  NEWS
... also suggested modifying an existing mandate or alternatively appointing a new manager. To this Burge responded: "[o]ur total exposure to ESG funds is less than 0.3% of total funds under management and as such we should not be spending too much in terms ...

Local sustainable funds fall into outflows: Morningstar

KARREN VERGARA  |  THURSDAY, 6 AUG 2026  |  NEWS
... shed almost US$120 million, ending a three-quarter run of positive inflows, according to Morningstar. Despite the outflows, total sustainable fund assets across Australia and New Zealand grew to about US$40.2 billion at the end of May, up US$3 billion ...

Battery boom fuels transition: BloombergNEF

VINNY VUCAGO  |  THURSDAY, 6 AUG 2026  |  NEWS
... the National Electricity Market during the first half of 2026. Including hydro generation, renewables accounted for 44% of total generation, up form 40% a year earlier. However, BloombergNEF warned Australia remains off track to achieve the government's ...
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