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Showing 301 - 310 of 1063 results for "coal"

Super industry welcomes Age Pension backflip

HARRISON WORLEY  |  THURSDAY, 6 SEP 2018
Key superannuation industry bodies have welcomed the Federal Government's decision to back flip on its longstanding proposal to increase the Age Pension age to 70. ISA deputy chief executive Matt Linden said the peak body for industry superannuation ...

Federal oversight of financial services sector clarified

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
The Federal Government has confirmed who will be responsible for the financial services sector, including responding to the Royal Commission. Despite the ongoing Royal Commission and continued uncertainty within the sector, last month's Liberal ...

University endowment fund awards mandate

KANIKA SOOD  |  MONDAY, 3 SEP 2018
... 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 fixed ...

Australia's weekus horribilis

BENJAMIN ONG  |  MONDAY, 27 AUG 2018
If there's one thing Australia's "weekus horribilis" proved, it's that financial markets hate uncertainty. The week of 20-24 August began with a challenge to sitting Australian Prime Minister Malcolm Turnbull's leadership of the Liberal Party and ended ...

Global equities fund purges tobacco, fossil fuels

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
... product, the $298 million Vontobel global equity fund of its holdings in tobacco and carbon-based energy products. This includes coal and consumable fuels, oil and gas refining, oil and gas exploration and production, and integrated oil and gas and tobacco ...

Swiss asset manager eyes Aussie instos

KANIKA SOOD  |  THURSDAY, 16 AUG 2018
... system and a cheap system," van Daele said. "It is cheaper today to build a solar farm in the sunny regions than to build a coal plant. Two years ago that wasn't the case," he said. SUSI's four existing funds are now closed, with about 65 institutional ...

Fossil fuelled Ireland to divest for climate change

JAMIE WILLIAMSON  |  MONDAY, 16 JUL 2018
... Dail Eireann - the lower house of parliament - passed a bill requiring the Irish government to sell off any interests in coal, oil, gas and peat held via its $14 billion sovereign development fund, the Ireland Strategic Investment Fund. The Fossil Fuel ...

Financial services employees face ongoing stress at work

HARRISON WORLEY  |  WEDNESDAY, 11 JUL 2018
Latest research from SuperFriend shows about half of financial services employees face ongoing stress at work. According to the mental health organisation's annual Indicators of a Thriving Workplace survey, 47% of financial services employees are ...

Private equity firm closes $558m mining fund

KANIKA SOOD  |  TUESDAY, 10 JUL 2018
... looks to expand its portfolio in countries including Australia. Its strategy targets investments base metals, metallurgical coal, and industrial and specialty minerals in Australia, Canada, South America and Africa. "It's an attractive market where we ...

VanEck ETF receives ethical tick

KARREN VERGARA  |  MONDAY, 2 JUL 2018
... selection process involves excluding all companies that own any fossil fuel reserves or derive revenue from mining thermal coal or from oil and gas related activities. It also excludes companies involved in socially irresponsible activities such as alcohol ...