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

Search Results

Showing 81 - 90 of 100+ results for "Local Government Super"

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... investors took some major steps towards reducing their own exposure to what has become known as "carbon risk". Local Government Super (LGS) and HESTA became the first multi-billion dollar super funds to introduce a fossil fuel screening policy across ...

Asset consultants urged to get savvy on carbon risk

JAMES FERNYHOUGH  |  TUESDAY, 11 NOV 2014
... some more mandates for the A£2.8 ($5.1 billion) fund. Currently the fund has one Australian mandate, from Local Government Super. While insurance companies are the most vulnerable to climate change risk, he said no meetings have been set up with insurance ...

Mercer to launch longevity insurance solution

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
... longevity risk without needing to meet the capital requirements of a life insurance company. Earlier this year Local Government Super chief executive Peter Lambert said Mercer was working with a number of superannuation funds to develop such a product. ...

LGS appoints new property portfolio manager

JAMES FERNYHOUGH  |  WEDNESDAY, 15 OCT 2014
Local Government Super (LGS) has appointed Scott Armstrong as its new Property Portfolio Manager. Armstrong replaces Andrew Kim, who left the fund in September to become head of asset management at Rockwell Capital Partners. Armstrong will be responsible ...

Scale drove CalPERS hedge fund move

ALEX DUNNIN  |  THURSDAY, 9 OCT 2014
... Australia as only four funds were found to have exposures greater than 10%: Commonwealth Super Corporation, Local Government Super Scheme, Club Super and the United Technologies Corporation Retirement Plan. The Future Fund Management Agency allocation ...

LGS rejects coal, tar sands

JAMES FERNYHOUGH  |  THURSDAY, 2 OCT 2014
Local Government Super (LGS) has announced it will be screening out companies that derive the majority of their revenue from coal or tar sands. In the most comprehensive fossil fuel screening policy adopted by a major super fund, LGS has included all ...

HESTA takes stand against thermal coal

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
... investment option. It is so far the only mega fund to introduce fossil fuel screening across all its options. Local Government Super, however, is rumoured to be considering a similar policy.

LGS Super launches DIY option

LAURA MILLAN  |  TUESDAY, 9 SEP 2014
Local Government Super (LGS) has launched an investment option that allows members to build their own portfolios from a range of LGS-approved investment options. The LGS Do-It-Yourself (DIY) option gives members access to shares from the ASX300, Exchange ...

AMP remains top dog on RI mandates

JAMES FERNYHOUGH  |  MONDAY, 28 JUL 2014
... by New Forests, Investa Property Group, Perpetual Investments and BT Investment Management. Meanwhile, Local Government Super was far and away the top RI super fund, with $7.7 billion in core responsible investments. It was followed by UniSuper ($1.4 ...

Super funds procrastinate on holdings disclosure

JAMES FERNYHOUGH  |  THURSDAY, 26 JUN 2014
... indication of where it will eventually fall, and has put off the introduction of the rules until 1 July 2015. Local Government Super chief executive Peter Lambert told Financial Standard that the initial proposed requirements were simply too stringent ...