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ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024
... include metrics such as emissions intensity, waste reduction, water consumption, and labour certification. These targets are in line with ISPT's ESG framework, which focuses on key areas such as climate change, resource efficiency, and supply chain. ...

AMP North adviser inflows rise 22%

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... total book was down over the quarter to $23.5 billion from $24.4 billion the previous quarter which the firm said was in line with its strategy to "prudently manage loan growth" given margin pressures. "We are navigating the headwinds faced by AMP Bank ...

Russell Investments introduces new ESG-focused ETF

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... shares allocation in a balanced portfolio. "For ESG-focused investors it is a balance between deliberate security selection in line with their values, while not being constrained by the opportunity set or bearing excessive risk. Our multi-strategy approach ...

ASIC consults on misconduct reporting rules

ANDREW MCKEAN  |  FRIDAY, 12 APR 2024
... and preparing a supplementary statutory report isn't required." ASIC said the reporting obligations are an important "front line" information source for it to monitor possible misconduct. For example, the regulator said it uses information from some ...

Why fund managers are missing out on investment mandates

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
... years. "Compliance and risk teams and the expertise, insights and rigour they provide are front and centre to the bottom-line success of every fund manager. They hold a heavy weight of responsibility, and our research shows that failure to deliver can ...

Global X adds new AI ETF

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
Global X has launched a new AI ETF, the Global X Artificial Intelligence ETF (ASX: GXAI) on the ASX today. GXAI, which tracks the Indxx Artificial Intelligence & Big Data Index, focuses specifically on investing in companies along the AI value chain ...

Australian private capital industry surges 33%

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... Australia-focused private capital funds moderated in 2023, compared with record levels in 2021 to 2022, but continued at levels in line with pre-pandemic norms, with an aggregate value of $10 billion raised. "A general trend has emerged where, in a more ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... mid-December. He brings more than 14 years' experience in superannuation and is responsible for technology, operations, insurance, line 1 risk and projects. In addition to appointments, legalsuper's executive lineup has also seen some departures in recent ...

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
According to a report by Mercer, nine out of 10 investment managers are either using or planning to use artificial intelligence (AI) in their investment strategies or asset class research. The report flagged that the question is no longer if but how ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... month. This is slightly up from the $15.4 billion recorded at the end of 2023. Platinum announced the massive redemptions in line with how it is progressing on its turnaround strategy that began with slashing expenses. Platinum told investors it is targeting ...
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