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Showing 131 - 140 of 325 results for "tobacco"

Sovereign wealth fund revokes exclusions

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... is selling off its interest in the mine, having entered an agreement to do so. Grupo Carso was excluded in 2011 due to tobacco production which it is no longer involved in. General Dynamics was excluded in 2005 due to the production of cluster munitions ...

Pension giant cuts tobacco

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
A pension giant is offloading $73 million worth of investments in tobacco companies as its chief investment officer sees no future benefits for its members in the industry. The UK's National Employment Saving Trust has set a two-year deadline for ridding ...

Legg Mason launches new fund

ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
... remove companies that do not meet certain ethical criteria." The exclusion list encompasses several sectors including tobacco, gambling, alcohol, defence and weapons, fur, genetically modified crops, nuclear energy, oil sands and thermal coal." Sowerby ...

New Perennial small caps active ETF

KANIKA SOOD  |  FRIDAY, 24 MAY 2019
... Australian/New Zealand stocks and exclude companies that derive more than 10% of their revenue from fossil fuels, alcohol, tobacco, weapons, forestry activities, gambling, modern slavery and unhealthy fast foods. "Sustainable investing is increasingly ...

Tobacco company launches life insurance offering

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
A major tobacco company is eyeing the life insurance industry by launching products that offer discounts for customers that quit smoking or switch to alternatives. Philip Morris International, the manufacturer of Marlboro cigarettes, will launch life ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... months (November 2018). Similarly, the preliminary measure of core CPI inflation - which excludes food, energy, alcohol & tobacco - jumped to 1.2% from 0.8% in the year the March. This is higher than expectations for acceleration to 1% and the fastest ...

Investors raise alarm on Facebook

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAR 2019
... the few funds without an exposure to Facebook, but says it doesn't make any deliberate exclusions, apart from the tobacco industry and controversial weapons sector. According to O'Connor: "Ethical and responsible investing requires constant and ...

BlackRock launches Australian bond fund

KANIKA SOOD  |  WEDNESDAY, 6 MAR 2019
... The benchmark is a customised Bloomberg Barclays MSCI SRI ESG-Weighted Australian Aggregate AU$100M Index. It excludes tobacco, alcohol, gambling, military weapons, civil firearms, nuclear power, adult entertainment, genetically modified organisms and ...

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... Commonwealth Managed Investments from 2009 to 2014. An AO was also awarded to Dr Bronwyn King, the founder and chief executive of Tobacco Free Portfolios. She was recognised for "distinguished service to community health, particularly through advocacy ...

Rest launches low-cost indexed options

KARREN VERGARA  |  FRIDAY, 25 JAN 2019
... with the benchmarks' returns (before tax) which are: the S&P/ASX300 Accumulation Index, MSCI World ex-Australia ex-Tobacco Net Dividends Reinvested Index, Bloomberg AusBond Composite 0+ Years Index, Citigroup Global Bond Index ex-Australia (hedged ...