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| | | The California Senate passed a bill overnight prohibiting the United States' two largest public pension funds from investing in the world's top 200 fossil fuel companies and require them to divest any existing holdings by 2030. The California ... |
| | | | Future Generation today announced Mike Baird will join the company's board of directors as its new chair. The former NSW Premier will take over on July 31 from current chair Jonathan Trollip who has filled the role since the 2014 inception. Trollip ... |
| | | | Equity Trustees has found that the most popular recent fund launches are in global equities, but there is also strong growth in retail and ESG themed funds. The 100 body of research developed by Equity Trustees has shown that 34% of funds brought to ... |
| | | | As interest rates rise and inflation grows, some are lamenting a possible knowledge and experience gap in the industry, with a considerable number of financial advisers having only ever known a low inflation environment. At its May meeting, the Reserve ... |
| | | | Acadian Asset Management Australia has appointed Gillian Savage as chief executive. Savage replaces Andrew Hair who, after a decade in the role, said he felt like it was time for a change. In total, Hair was with Acadian for over 15 years. Savage will ... |
| | | | In welcoming the change in government, Climate Council's chief executive Amanda McKenzie said that it is in Australia's economic and security interests to prioritise climate action. McKenzie added that Australians deserve a federal government that recognises ... |
| | | | Allianz Global Investors and three of its former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission ... |
| | | | Partners Group has launched a new private debt fund in Australia and appointed Equity Trustees as responsible entity. The Partners Group Global Income Fund - Unlisted comprises private debt investments, focuses on capital preservation and targets a ... |
| | | | Equity Trustees has been selected as custodian and trustee of a major clean energy investor. Octopus Australia, the local subsidiary of Octopus Group, has awarded a mandate to Equity Trustees for custodian and trustee services. Octopus currently managed ... |
| | | | The six Federal Court cases brought against Westpac by ASIC late last year have been finalised, with the banking giant to pay a total of $113 million in penalties. A decision in the final of the six matters, all overseen by Justice Beach, was handed ... |
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