Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 491 - 500 of 1584 results for "Power50"

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
Asset management heavyweights are urging the nation's top 100 companies to take modern-day slavery and labour exploitation seriously by lifting the hood on their supply chains. The Investors Against Slavery and Trafficking (IAST) APAC, a newly-formed ...

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
Hastings Funds Management's founder Mike Fitzpatrick is launching a new wholesale fund that will invest in unlisted infrastructure. The TRUE Infrastructure Fund will use a fund-of-fund structure to invest in funds from two managers, ATLAS Infrastructure ...

ANZ sees profits plummet, plans to exit thermal coal

ANNABELLE DICKSON  |  THURSDAY, 29 OCT 2020
ANZ has felt the wrath of the pandemic, reporting a 42% loss on cash profit in its full year results as it tries to protect itself from future credit losses. It has also updated its climate policy, saying it will exit thermal coal by 2030. The bank's ...

QIC hires former Frontier infrastructure head

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
QIC has named a new portfolio manager for its $1.8 billion core infrastructure fund, previously managed by Ross Israel and Matina Papathanasiou. Peter Siapikoudis will manage the QIC Infrastructure Portfolio (QIP). Siapikoudis was most recently a managing ...

Chief economist update: The UK's new plan... after two plans

BENJAMIN ONG  |  FRIDAY, 23 OCT 2020
Multiplying rates of coronavirus infections forced the UK government to impose strict lockdown measures, giving "bobbies" power to fine people leaving their homes for "non-essential" reasons on March 23. These restrictions were then gradually eased ...

Aware Super shakes up SRI option

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
Aware Super has tightened the screens on its socially responsible investment (SRI) option as the $97 billion fund beefs up its ESG credentials, reshuffling investment mandates in the process. The managers with SRI mandates from Aware Super include Redpoint ...

LaSalle joins 2050 club

ELIZA BAVIN  |  TUESDAY, 20 OCT 2020
LaSalle Investment Management is the most recent company to pledge to go carbon neutral by 2050, following in the footsteps of many super funds and investment firms. LaSalle said it has been working across its managed portfolio to improve the sustainability ...

Vanguard launches new ESG offerings

ELIZABETH MCARTHUR  |  WEDNESDAY, 14 OCT 2020
Vanguard Australia has launched a new Australian shares ETF with an ESG focus, adding to its range of ethical investment options. The Vanguard Ethically Conscious Australian Shares Fund and ETF will invest in approximately 240 ASX listed shares with ...

IFM jumps on net zero bandwagon

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
IFM Investors has committed to reducing greenhouse gas emissions across its asset classes, targeting net zero by 2050. IFM said the move is an extension of action already being taken by its infrastructure assets to reduce emissions through investment ...

Bravura to make $41m acquisition

ELIZA BAVIN  |  MONDAY, 12 OCT 2020
Bravura Solutions has announced the acquisition of a UK software company for $41.5 million. Bravura will acquire Delta Financial Systems for $41.5 million, complementing its core Sonata offering and broadening its products and services. Delta is a UK ...