Investment

Instos continue to fund fossil fuel expansion

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
As of May 2024, over 7,500 institutional investors hold US$4.3 trillion worth of bonds and shares in coal, oil, and gas companies, despite many committing to wind down financed emissions.

M&A deals ramp up ESG checks

ROSE MARY PETRASS  |  WEDNESDAY, 10 JUL 2024  |  NEWS
ESG pressures are now a priority when it comes to getting deals over the line: KPMG.

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.