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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 ... |
| | | | Graham Tuckwell's ETFS Capital entered a cooperation agreement with WisdomTree, alongside Lion Point, to enhance WisdomTree's board of directors and corporate governance. Under the agreement, former State Street Global Advisors chief investment officer ... |
| | | | The industry fund will not back the proposed demerger, saying it will not adequately support decarbonisation efforts and therefore wouldn't serve its members' best interests. HESTA said it has engaged with AGL and decided to vote against the demerger. ... |
| | | | T. Rowe Price has named Poppy Allonby as its new investment and ESG leader, hiring BlackRock's former head of global product for Asia Pacific. Allonby will join the firm on June 6 and brings with her 20 years of asset management industry experience. ... |
| | | | BlackRock has introduced a range of ESG model portfolios covering a range of risk profiles, saying it is making sustainability more affordable. The iShares ESG Model Portfolios apply a multi-asset strategy and invest in iShares ETFs and BlackRock index ... |
| | | | Australian Ethical has appointed a chief people and culture officer, hiring from First Sentier. Eveline Moos joins in the role, bringing extensive experience in people and culture, strategy, cultural transformation and integrating business, Australian ... |
| | | | Homeownership rates have plummeted, but unions and industry groups have had a negative response to Scott Morrison's last-ditch pitch to 'aspirational Australians'. Morrison has said that supporting first home buyers is a key part of his government's ... |
| | | | A new investment director has joined Schroders' equities product team, tasked with accelerating its biodiversity strategy and SMA development. Anne-Sophie Williams joins from BlackRock where she has spent the last four years as an active equities product ... |
| | | | Industry Super Property Trust has named Chris Chapple of 151 Property Group as its new chief executive. Following a global search, Chapple will replace Daryl Browning who announced his intention to retire earlier this year. While his start date is yet ... |
| | | | The US inflation rate has fallen to 8.3%, but the Consumer Price Index continues to flirt with catastrophic 40-year highs. The index also revealed that costs had risen by a monthly rate of 0.3% in April after having risen 1.2% in March. This decline ... |
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