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Showing 151 - 160 of 325 results for "tobacco"

BTFG expands tobacco divestment

HARRISON WORLEY  |  THURSDAY, 18 OCT 2018
BT Financial Group is expanding its divestment from tobacco and controversial weapons. The firm is extending its ESG exclusion framework to investment mandates for internally managed investments, saying customers demand sustainable investing that aligns ...

Colonial First State to cut tobacco by 2020

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
Colonial First State has vouched to offload all its tobacco-related investments by 2020, as it signs on to the UN-endorsed Tobacco-Free Finance Pledge. CFS currently has less than 1% of total assets in tobacco-related investments but declined to disclose ...

AMP Capital divests $440m from tobacco

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
AMP Capital has has completed its divestment of $440 million in tobacco manufacturing-related holdings from across all its equity and fixed income investments. This is the largest divestment tobacco securities by a fund manager in Australia, the manager ...

MSCI launches tobacco exclusion indexes

HARRISON WORLEY  |  THURSDAY, 27 SEP 2018
MSCI launched a series of market capitalisation weighted indexes excluding stocks involved in tobacco production. The new suite of indexes exclude all companies classified as producers of tobacco, and also excludes companies deriving 5% or more aggregate ...

University endowment fund awards mandate

KANIKA SOOD  |  MONDAY, 3 SEP 2018
... billion endowment fund. This will screen out securities of companies that drive more than 20% of their revenue directly from tobacco, coal, gambling or adult entertainment. Aberdeen Standard Investments is now ANU Endowment Fund's only external Australian ...

Vanguard launches ESG funds

HARRISON WORLEY  |  THURSDAY, 30 AUG 2018
... investors to access diversified international equities and fixed income exposures which exclude fossil fuel reserves, tobacco, gambling, weapons, nuclear power and adult entertainment. Both funds are available to investors now, but will be offered as ...

JPMorgan fund excludes tobacco, cuts fees

DARREN SNYDER  |  TUESDAY, 21 AUG 2018
J.P. Morgan Asset Management's flagship multi-asset strategy in Australia now excludes tobacco stocks. It also cut its administration fee by five basis points and recently converted to a trust structure. The Australian-domiciled version of the JPMorgan ...

Global equities fund purges tobacco, fossil fuels

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... international equities fund that holds about $300 million of Aussie insto money is purging itself clean of all investments in tobacco and fossil fuels. Vontobel is a Swiss asset manager with $167 billion in assets under management. About 11.4% of the ...

Commitment to ethical investing booms

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
... that more negative screens are being embedded across mainstream financial products and mandates - particularly across tobacco and controversial weapons. According to RIAA chief executive Simon O'Connor, the findings speak of ESG considerations sitting ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... 2.2% gain and was mainly driven by the strong rise in automotive fuel (+16.2% yoy); electricity (+10.4%) and alcohol and tobacco (7.8%). If the headline inflation measure is not disappointing enough the underlying measures indicate the flat or slowing ...