First State to dump $40m of thermal coal holdingsBY ALLY SELBY | THURSDAY, 9 JUL 2020 12:02PMThe $120 billion industry super fund has announced it will divest $40 million of its equity portfolio, including its indexed exposures, from thermal coal miners from October and will reduce greenhouse gas emissions in its listed equities exposures by at least 30% by 2023. Related News |
Editor's Choice
Jo Townsend named chief executive of NZ Super
One of Australia's most experienced superannuation executives will take the helm of New Zealand's sovereign wealth fund, following Matt Whineray's departure late last year.
QMV Legal folds, managing partner to launch new firm
Novigi will wind up QMV Legal as its managing partner Jonathan Steffanoni embarks on launching a new specialist superannuation law firm.
Best super fund products revealed
The best superannuation fund products, based on factors such as investment performance, insurance, fees, and organisational strength, have been named.
Platinum bleeds $1.4bn in outflows
Platinum Investment Management flags it will lose at least $1.4 billion as a partial redemption from institutional clients over the next month, translating to an $18 million hit to revenue.
Products
Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.