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Showing 131 - 140 of 364 results for "divestment"

NGS to reduce emissions 35% in three years

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2022
... Squires said. As part of this strategy, NGS is flagging assets that the fund deems as a stranded asset for assessment and divestment. "Timing of divestment from these companies will vary, but we've committed to have no stranded assets in the portfolio ...

New director joins Rest board

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
Rest has appointed a board d irector with extensive experience in corporate superannuation. Joanne Lester commenced as a director on 6 April 2022 as an employer representative nominated by the Australian Retailers Association. She had previously served ...

Iress halts divestment of UK mortgage business

ANDREW MCKEAN  |  TUESDAY, 12 APR 2022
Iress has announced that it will not proceed with the divestment of its UK mortgage business. This latest announcement contrasts plans previously outlined in the company's 2021 annual report to consider a sale of the mortgages business. It was originally ...

FSC offers guidance on divesting Russia

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... superannuation system, the FSC said the financial services sector in Australia as a whole has strong expectations for divestment outlined by the government. "Divestment of Russian assets complements a range of Russian sanctions imposed by the Government," ...

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... signal that we condemn in the strongest possible terms Russia's unprovoked and unjustified attack on Ukraine." Divestment from super funds could compliment the range of sanctions imposed on Russia by the Australian government, in alignment with international ...

Australian Unity appoints ESG lead

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... responsibility to delivering positive social and environmental outcomes through our investment, development, leasing and divestment activity."

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
... divest all fossil fuel companies and be banned from making any further investments under a new bill. The Fossil Fuel Divestment Bill to advance California Climate Goals was introduced into the California state Senate last week by Senator Lena A. Gonzalez. ...

REIT changes fund manager

KARREN VERGARA  |  MONDAY, 17 JAN 2022
... responsible for the asset management of the Australian portfolio. He also oversaw the European portfolio, including its divestment of Macquarie's platform to the Charter Hall Group. His other duties included managing the wholesale partnerships between ...

Praemium reports key milestone achievement for 2021

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... Wamsteker anticipates that both segments can continue with their strong growth trajectories over the over year. "The divestment of our international business [to Morningstar] continues to plan with the agreed transaction terms announced to the ASX on ...

AMP divests infrastructure debt platform

ELIZABETH MCARTHUR  |  TUESDAY, 4 JAN 2022
... PrivateMarketsCo chief executive Shawn Johnson said. "PrivateMarketsCo and AMP will realise significant value from the divestment, as well as retaining our valuable sponsor investments and carried interest in the closed infrastructure debt funds. This ...