Investment

HMC Capital announces new $50m investment

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024  |  NEWS
It represents the first investment by HMC's Energy Transition platform which is seeking to assemble a 15GW development portfolio across the energy value chain, including wind, solar, battery, biofuels and emerging technologies.

QIC invests in Australian biotech start-up

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024  |  NEWS
A $2.2 million pre-seed round led by early-stage investor Jelix Ventures alongside QIC and Angelloop will support Gelomics' continued market expansion.

Investible, top VCs back Fugu Carbon

ROSE MARY PETRASS  |  TUESDAY, 9 JUL 2024  |  NEWS
Fugu Carbon, the new venture by the co-founders behind Sun Cable, successfully raised $1.65 million from leading venture capitalists.

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  MONDAY, 8 JUL 2024  |  NEWS
Future Group said the results are proof that responsible investing pays off, with both products outpacing the expected median balanced fund return of 8.8%.

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  FRIDAY, 5 JUL 2024  |  NEWS
AustralianSuper has unveiled a raft of changes to its investment exposures and fees which came into effect July 1, including its Socially Aware option.

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.

Clean energy trends are "unstoppable"

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
Portfolio exposure to the clean energy transition is a vital tool in an investor's toolbox, amidst low overall growth which in some countries has turned negative or become unstable, a global investment manager says.

ESG funds are cheaper: Morningstar

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUN 2024  |  NEWS
Morningstar Sustainalytics has busted the pervasive market view that ESG investments are inherently more costly, by comparing European ESG funds to their mainstream peers.

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
Vision Super has found itself in hot water after analysis revealed it has purchased $2.2 million worth of Whitehaven Coal stocks after walking back its fossil fuel exclusion policy last year.

Morningstar reveals top three undervalued stocks

ELIZA BAVIN  |  MONDAY, 24 JUN 2024  |  NEWS
The top three lithium producer globally is in the midst of expanding its Chilean lithium carbonate production capacity.