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Showing 321 - 330 of 367 results for "divestment"

LUCRF divests $5 million of cluster munition and tobacco

LAURA MILLAN  |  TUESDAY, 6 MAY 2014
LUCRF Super has approved the negative screening and divestment of cluster munition manufacturers and tobacco companies from its investment portfolios. The fund said that it held $4.5 million in cluster munition stocks and $522,000 in tobacco as of January ...

Perpetual jettisons Guardian Trust

MARK SMITH  |  MONDAY, 7 APR 2014
... Perpetual expects to deliver synergy benefits of at least $15m per annum after tax from The Trust Company integration. The divestment of the New Zealand business will not impact previously stated synergy estimates.

HESTA non-committal on Transfield divestment

JAMES FERNYHOUGH  |  FRIDAY, 14 MAR 2014
Industry super fund HESTA has given no commitment to divest from Transfield Services, following calls for it to do so from the Australian Services Union (ASU). The ASU national executive adopted the resolution on Wednesday, on the grounds that ASU members ...

UCA introduces fossil fuel screening

JAMES FERNYHOUGH  |  FRIDAY, 28 FEB 2014
... anti-fossil fuel campaigning, such as the "Go Fossil Free" campaign, institutions have overwhelmingly avoided fossil fuel divestment. "Divestment from the Australian fossil fuels industry significantly increases investment concentration and risk. Also ...

Investec's Smith to replace Nicks as Australian head

MARK SMITH  |  THURSDAY, 30 JAN 2014
Investec Bank (Australia) has appointed senior corporate advisor Ben Smith to head of Investment Banking following the resignation of Christian Nicks. In an announcement to the media, Investec said Nicks has left in order to pursue other opportunities. ...

Coin acquisition drives Rubik profit

MARK SMITH  |  THURSDAY, 29 AUG 2013
... 2012. After adjusting for one off transaction and transition costs relating to acquisitions and the one off profit on divestment of Shelf Companies Australia, the underlying NPAT increased to $3.03 million. The wealth segment, which includes Rubik's ...

Fossil fuel companies to be rendered 'worthless': IMPAX

MARK SMITH  |  TUESDAY, 9 JUL 2013
... return effect," said a recently published IMPAX whitepaper, Beyond Fossil Fuels: The Investment Case for Fossil Fuel Divestment. "Furthermore, much of the economic effect of excluding fossil fuel stocks could have been replicated with 'fossil free' energy ...

Market Wrap

AAP  |  TUESDAY, 25 JUN 2013
... Tinto has decided to retain its diamonds businesses following a review which considered a range of options, including divestment. The big banks were mainly lower, with CBA down 51 cents, or 0.8 per cent, at $65.55, NAB 23 cents, or 0.79 per cent worse ...

Market Wrap

AAP  |  MONDAY, 24 JUN 2013
... Tinto has decided to retain its diamonds businesses following a review which considered a range of options, including divestment. The big banks were mainly lower, with CBA down 51 cents, or 0.8 per cent, at $65.55, NAB 23 cents, or 0.79 per cent worse ...

AMP Capital sells out of Houston residential property complex

MARK SMITH  |  WEDNESDAY, 1 MAY 2013
... point in the cycle and redeploy the proceeds into top tier secondary US markets poised for growth," he added. This divestment follows the recent purchases of office buildings in Tampa and Boston announced earlier this year. The AMP Capital Global Direct ...