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Woodside results vindicate divestment argument: ActivistsBY ELIZABETH MCARTHUR | FRIDAY, 19 FEB 2021 12:33PM
Woodside Petroleum's annual results, with a $US4.028 billion net loss for 2020, are food for thought for super funds, according to divestment activists.
Read more: Woodside, Market Forces, Paris Agreement, UniSuper, Woodside Petroleum, AustralianSuper, Aware Super, Cbus, Environmental Defenders Office, HESTA, Hostplus, Julien Vincent
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Delivering Income from Infrastructure
In another first for Pinnacle Investment Management this week, the firm has set up a North American-based affiliate in a small-cap equities fund manager.
The $65 billion industry superannuation fund has welcomed a head of investment product and communications who has previously held roles with MLC Asset Management and BlackRock.
Mirae Asset Global Investments has appointed Citi Australia as its provider of custody and fund administration services for its Australian funds management business.
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies.
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