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Showing 421 - 430 of 828 results for "Renewa"

J.P. Morgan wins custody mandate

KANIKA SOOD  |  THURSDAY, 23 JUL 2020
A $21 billion superannuation fund has renewed J.P. Morgan as its custodian for another five years. TelstraSuper renewed the contract after a market assessment. TelstraSuper head of investment operations Miles Mallick said J.P. Morgan's emphasis on delivering ...

HESTA doubles down on climate action

ALLY SELBY  |  WEDNESDAY, 22 JUL 2020
The $52 billion industry super fund has called on the Australian government to encourage institutional investors to take a greater role in a green recovery from the economic crisis. It comes just a month after it announced it would reduce absolute carbon ...

Legg Mason subsidiary cuts performance fees

ALLY SELBY  |  THURSDAY, 16 JUL 2020
A subsidiary of Legg Mason has cut performance fees for two of its value funds, after recording negative returns during the COVID-19 crisis. RARE Infrastructure, a listed infrastructure manager, removed performance fees on its value funds, both hedged ...

Global infrastructure proves profitable: LGIAsuper

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
LGIAsuper has recorded a 14.67% return from its ISQ Infrastructure fund in its latest quarterly figures. The fund is operated by global infrastructure interment manager I Squared Capital (ISQ) and LGIAsuper has invested around $368 million. The relationship ...

First State to dump $40m of thermal coal holdings

ALLY SELBY  |  THURSDAY, 9 JUL 2020
The $120 billion industry super fund has announced it will divest $40 million of its equity portfolio, including its indexed exposures, from thermal coal miners from October and will reduce greenhouse gas emissions in its listed equities exposures by ...

LEI registrations double

ELIZA BAVIN  |  FRIDAY, 3 JUL 2020
Despite the ongoing impact of the COVID-19 pandemic, Legal Entity Identifier (LEI) registrations doubled in 2019/20, according to APIR Systems. APIR chief executive Chris Donohoe said in response to the increased demand APIR announced it was launching ...

Amazon launches climate VC fund

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
The US$1.38 trillion technology giant has launched a US$2 billion venture capital fund, set to invest in companies building products, services, and technologies that protect the planet. Amazon said its newly launched Climate Pledge Fund would help the ...

Rest pays out $1bn, calls for policy certainty

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
Having now paid out more than $1 billion to members, Rest is calling on the government to implement stable super policy settings, warning uncertainty constrains funds' ability to invest for the long-term. As of this morning, the $53 billion superannuation ...

COVID-19 recovery plans must heed climate science

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
A global network of companies, including ASX-listed Australian Ethical, is urging governments to pay heed to climate science in their COVID-19 recovery plans. UN Global Compact includes 155 companies that employ over five million people and have a combined ...

Boutique launches sustainable Aussie equities strategy

KANIKA SOOD  |  TUESDAY, 19 MAY 2020
A Legg Mason boutique that manages $20 billion has launched a new sustainable equity strategy that will use proprietary sustainability analysis instead of just relying on negative screening. Martin Currie Australia Sustainable Equity Strategy will be ...