Investment

UniSuper's environmental option returns -16%

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024  |  NEWS
The fund's Global Environmental Opportunities (GEO) option returned a dismal -15.96% in FY24, but chief investment officer John Pearce says the growth themes remain intact, adding it's on a more solid footing than in FY21 when returns soared to near ...

IFM, ASX-listed firms bet on renewable fuels

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024  |  NEWS
IFM Investors has partnered with ASX-listed firms GrainCorp and Ampol in a bid to establish the country's fledgling renewable fuels industry.

Aus funds hit by outflows, global gains for passive ESG

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
Latest fund data show ESG funds were hit hard by outflows in the June quarter, but some strategies and fund managers are thriving.

First Environmental Futures trade on ASX

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
Today, the ASX launched trading for three Environmental Futures contracts, pinned as a major step in the development of local carbon markets.

PEP rides ESG tailwinds

ROSE MARY PETRASS  |  THURSDAY, 25 JUL 2024  |  NEWS
The fund is not advertised as ESG, but has an underlying ESG strategy.

AustralianSuper, HESTA acquire majority stake in housing developer

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024  |  NEWS
The new company, backed by the industry super fund giants, was born from the merger of affordable housing investment manager Super Housing Partnerships and home developer Assemble.

Investors brace for turbulence as Biden backs out

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024  |  NEWS
Investors are preparing for some market turbulence in the US after President Joe Biden pulled out of the race for President against Donald Trump.

Podcast: Top ethical, sustainable, and responsible stocks and how to find them with Erica Hall

ROSE MARY PETRASS  |  TUESDAY, 23 JUL 2024  |  NEWS
Erica Hall from U Ethical Investors discusses sustainability in the advice process, what determines a 'good' ESG stock, and the best - and worst - performing sectors.

Rest awards private equity mandate to TowerBrook Capital

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024  |  NEWS
The US$75 million mandate is for a private equity impact fund targeting UN Sustainable Development Goals.

Demand up for green steel

ROSE MARY PETRASS  |  FRIDAY, 19 JUL 2024  |  NEWS
Investors are looking to move fast on steel decarbonisation, and are seeking more supportive market conditions to support this.