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Showing 291 - 300 of 365 results for "divestment"

Banks face wealth management challenges

DARREN SNYDER  |  TUESDAY, 3 NOV 2015
The big four banks' wealth businesses benefitted from a lower Australian dollar and a strong performance in investment markets for most of the year but generating acceptable return on equity (ROE) remains a challenge. Presenting EY's analysis of Australian ...

Australian Ethical joins animal welfare initiative

DARREN SNYDER  |  MONDAY, 19 OCT 2015
... Ethical said the broader investment industry is also beginning to see this as a risk management issue as well. "Recent divestment campaigns around coal prove that the Australian public takes an interest in where their money goes, and if they consider ...

California pension giants must divest from coal

MARK SMITH  |  MONDAY, 12 OCT 2015
... companies with a portfolio value of about $57 million. Following its engagement with the companies, CalPERS will evaluate divestment as outlined in the bill. The fund said it will begin to engage thermal coal companies in its investment portfolio on ...

Super funds under growing global pressure to divest

LAURA MILLAN  |  THURSDAY, 24 SEP 2015
... loonies," but a well-coordinated global movement that is now targeting Australia's superannuation funds. Go Fossil Free, a divestment campaign led by global climate movement 350, has significantly grown its presence in Australia over the last year and ...

Super becoming the fifth estate

ALEX DUNNIN  |  MONDAY, 14 SEP 2015
... million stock holding. Against trillions of dollars worth of stocks traded on the ASX each year HESTA's Transfield divestment was so almost absurdly trivial, representing just 4% of Transfield's market cap and 0.08% of HESTA's asset pool. But unfortunately ...

First State Super socially responsible options go green

LAURA MILLAN  |  FRIDAY, 11 SEP 2015
... of stranded assets and the ways companies are dealing with climate change," he said. He added that the fossil fuel divestment in the socially responsible option is designed "to reflect the views of some of our members."

University investment portfolio includes tobacco and beer

DARREN SNYDER  |  THURSDAY, 10 SEP 2015
... products must be excluded. The new policy and commitment to reduce carbon emissions in the investment portfolio means a divestment away from mining companies among other high emission companies. In August, Principles for Responsible Investing (PRI) estimated ...

Record IOOF inflows

STAFF WRITER  |  FRIDAY, 28 AUG 2015
... $13 million in pre-tax synergies in FY15 and is on track to deliver $20 million by the end of FY16. It also said the divestment of its Perennial businesses lowers its exposure to volatile institutional funds flow. "Our integrated service offering and ...

Manus and Nauru are immoral and risky: super funds

LAURA MILLAN  |  THURSDAY, 27 AUG 2015
... year and Davidson said that funds "have not taken the decision [to divest] lightly." "It is wrong to characterise the divestment as just an ethical or moral judgment, there is an investment rationale behind it," she said. First State Super is another ...

HESTA divests from Transfield

DARREN SNYDER  |  WEDNESDAY, 19 AUG 2015
... Transfield Services, the operator of Australian detention centres on Nauru and Manus Island. Major factors behind HESTA's divestment were the views of several independent non-government organisations who found the mandatory, prolonged, indefinite and ...