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Showing 11 - 20 of 298 results for "tobacco"

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... Vanguard Investments for misleading statements about the extent to which their funds applied investment exclusions for tobacco-related investments." In total, ASIC has issued over $140,000 in infringement notices in response to concerns about alleged ...

NGS Super taps Robeco for major equities mandate

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2023
... explained. The mandate's benchmark is an adjusted MSCI World Index, structured to take into account NGS's exclusions of tobacco, controversial weapons, nuclear and fossil fuel exposures, said NGS Super head of equities, fixed income and alternatives ...

Australians lack confidence in retirement: SSGA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... Australians place a strong emphasis on sustainability, with most respondents supporting exclusions for industries such as tobacco, controversial weapons, and gambling. On the results, SSGA head of investments, Australia Jonathan Shead commented: "We've ...

From strength to strength: GQG Partners

ANDREW MCKEAN  |  WEDNESDAY, 18 JAN 2023
... this is a phenomenal result, particularly as GQG's Australian managed funds are benchmarked against the MSCI ACWI ex Tobacco and the MSCI EM ex Tobacco index's which fell approximately 18% and 20% in USD terms in 2022. Meanwhile, GQG had an excess ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
... Funds. ASIC noted that the Vanguard International Shares Select Exclusions Index Funds excluded certain investments in tobacco, but "while this screen applied to exclude manufacturers of cigarettes and other tobacco products, it did not exclude companies ...

Colonial First State launches sustainable growth fund

CHLOE WALKER  |  MONDAY, 21 NOV 2022
... of most concern to Australians, including weapons and firearms, certain fossil fuels, gambling, pornography, alcohol, tobacco and predatory lending. At the same time, it will seek out investments in areas including climate change solutions, resource ...

GQG Partners awards RE mandate

CASSANDRA BALDINI  |  MONDAY, 10 OCT 2022
... The Global Quality Dividend Income Fund aims to provide a rate of return exceeding the MSCI ACWI High Dividend Yield ex Tobacco AUD Index. It invests primarily in equity securities or equity-linked instruments of global companies that are expected to ...

Mercer pumps $100m into Perennial Partners strategy

CHLOE WALKER  |  MONDAY, 25 JUL 2022
... occupational health and safety outcomes. The portfolio excludes thermal coal, met coal, uranium, oil and gas, alcohol, tobacco, weapons, old growth logging, gambling, pornography, toxic pesticides, and live exports. It employs a proprietary ESG&E (environmental ...

Qantas Super invests $2bn in Calvert, Goldman Sachs

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
... recent years. To date, Qantas Super has excluded manufacturers of cluster munitions and whole weapon systems as well as tobacco producers from its investment portfolio. The super fund also joined the Australian Council of Superannuation Investors in ...

Fossil fuel divestment bill passes California Senate

JAMIE WILLIAMSON  |  FRIDAY, 27 MAY 2022
... the fund's past divestments apparently found transaction costs were "considered negligible in all cases except for tobacco". Meanwhile, CalSTRS claimed divestment could potentially incur a $20 billion loss for the fund, but studies from BlackRock ...