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Showing 71 - 80 of 301 results for "Divestment"

FSC offers guidance on divesting Russia

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... superannuation system, the FSC said the financial services sector in Australia as a whole has strong expectations for divestment outlined by the government. "Divestment of Russian assets complements a range of Russian sanctions imposed by the Government," ...

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... signal that we condemn in the strongest possible terms Russia's unprovoked and unjustified attack on Ukraine." Divestment from super funds could compliment the range of sanctions imposed on Russia by the Australian government, in alignment with international ...

Australian Unity appoints ESG lead

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... responsibility to delivering positive social and environmental outcomes through our investment, development, leasing and divestment activity."

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
... divest all fossil fuel companies and be banned from making any further investments under a new bill. The Fossil Fuel Divestment Bill to advance California Climate Goals was introduced into the California state Senate last week by Senator Lena A. Gonzalez. ...

REIT changes fund manager

KARREN VERGARA  |  MONDAY, 17 JAN 2022
... responsible for the asset management of the Australian portfolio. He also oversaw the European portfolio, including its divestment of Macquarie's platform to the Charter Hall Group. His other duties included managing the wholesale partnerships between ...

Praemium reports key milestone achievement for 2021

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... Wamsteker anticipates that both segments can continue with their strong growth trajectories over the over year. "The divestment of our international business [to Morningstar] continues to plan with the agreed transaction terms announced to the ASX on ...

AMP divests infrastructure debt platform

ELIZABETH MCARTHUR  |  TUESDAY, 4 JAN 2022
... PrivateMarketsCo chief executive Shawn Johnson said. "PrivateMarketsCo and AMP will realise significant value from the divestment, as well as retaining our valuable sponsor investments and carried interest in the closed infrastructure debt funds. This ...

AMP Capital snaps up malls in $760m deal

CHLOE WALKER  |  MONDAY, 20 DEC 2021
AMP Capital has acquired two destination malls, Pacific Fair on the Gold Coast and the Macquarie Centre in suburban Sydney, in separate deals totalling approximately $760 million. AMP Capital Shopping Centre Fund (ASCF) bought an additional 25% stake ...

Super funds lambasted over nuclear holdings

CHLOE WALKER  |  THURSDAY, 9 DEC 2021
... investments are usually a tiny percentage of the whole funds under management. "There is no evidence to suggest that divestment will negatively impact returns." Beavis also noted that some funds are making change, including Hostplus, which recently decided ...

CFS targets adviser market

KARREN VERGARA  |  THURSDAY, 2 DEC 2021
... the MySuper products. They're approximately 10% of our superannuation business," Bryce said. Commenting on the divestment, CBA chief executive Matt Comyn said: "The sale completion represents an important milestone in CBA's strategy to focus ...