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Showing 1671 - 1680 of 5260 results for "SCA"

MSCI downgrades Russia's ESG rating

JAMIE WILLIAMSON  |  WEDNESDAY, 2 MAR 2022
The global ratings and indices provider has downgraded its ESG Government Rating of Russia in response to its invasion of Ukraine. Russia's rating was downgraded from BBB to B with a negative outlook, and the rating for Belarus was also downgraded from ...

ESG funding booms in Australia: Calastone

CHLOE WALKER  |  MONDAY, 28 FEB 2022
ESG funds were major beneficiaries of Australians' cash last year but the nation still lags on a global scale, according to the last Global Fund Flow Index from Calastone. In an analysis covering over half a million buy and sell orders every month from ...

Biggest ever super merger completes

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
Australia's largest ever merger between two super funds has seen the $130 billion QSuper and $97 billion Sunsuper merge to create Australian Retirement Trust. Australian Retirement Trust (ART) now has $230 billion in funds under management, making ...

Global markets shaken by war

ELIZABETH MCARTHUR  |  FRIDAY, 25 FEB 2022
Global markets reacted to the news of Russia's invasion of Ukraine overnight, with analysts keeping a close watch on the conflict's impact on companies and economies. IG market analyst Kyle Rodda said he views the current situation as a growth and inflation ...

Former Hostplus investors tapped for VC fund

JAMIE WILLIAMSON  |  THURSDAY, 24 FEB 2022
Having just launched their own shop in January, two former members of the industry fund's private equity team have been mandated to run the newly created Victorian Startup Capital Fund (VSCF). Neil Stanford and Brighid Pappin opened the doors to V-Ignite ...

IOOF reveals first results as Insignia

ELIZABETH MCARTHUR  |  THURSDAY, 24 FEB 2022
IOOF, now known as Insignia Financial, has delivered a firm first half result. The company reported underlying net profit after tax up 79% on the previous corresponding period, a gross margin of $778.4 million up 122% including a six-month contribution ...

AIA sells super, investments business

JAMIE WILLIAMSON  |  THURSDAY, 24 FEB 2022
AIA is offloading its $8 billion superannuation and investments business to Resolution Life. In an announcement today, AIA said the sale will allow the insurer to focus on its core business of life and health insurance and wellbeing services. AIA came ...

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
Media Super has confirmed the two funds will merge on April 9 and that its members will see their administration and investment fees increase slightly in return for a more comprehensive offering. In an update to members, Media Super said its merger ...

Cannon-Brookes invests in renewables transition

KARREN VERGARA  |  WEDNESDAY, 23 FEB 2022
Mike Cannon-Brookes continues to make a play for the sustainable investing sector, injecting $200 million into an initiative that will help accelerate the nation's renewable energy transition. The Cannon-Brookes-backed Grok Ventures allocated the ...

Aussie CFPs move toward 5000

KARREN VERGARA  |  WEDNESDAY, 23 FEB 2022
Australian Certified Financial Planners added 164 professionals to the fold last year, taking the total to nearly 5000. The Financial Planning Association of Australia, which is the certification body for the CFP designation in the country, recorded ...