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Investment

Listed companies improve ESG approach

LAURA MILLAN  |  TUESDAY, 8 DEC 2015
The Australian Council of Superannuation Investors (ACSI) found that 79% of listed Australian companies surveyed this year had improved their environment, social and governance (ESG) approach.

AB wins industry fund mandate

DARREN SNYDER  |  TUESDAY, 8 DEC 2015
An industry superannuation fund has appointed AllianceBernstein (AB) to manage an equity risk-management overlay strategy.

Industry welcomes Innovation Statement

MARK SMITH  |  TUESDAY, 8 DEC 2015
The reforms detailed in the Government's recent Innovation Statement have been enthusiastically welcomed by the financial services industry and beyond.

CBA to close institutional equities business

MARK SMITH  |  TUESDAY, 8 DEC 2015
Commonwealth Bank is closing its institutional equities business following a strategic partnership with Goldman Sachs investment bank.

Oil slip

BENJAMIN ONG  |  TUESDAY, 8 DEC 2015
Would the removal of OPEC's production ceiling also take away the floor from the price of oil? The equilibrium price of crude - or any commodity for that matter - after all, is driven by the fundamental law of supply and demand.

Super fund appetite for property funding up

MARK SMITH  |  MONDAY, 7 DEC 2015
Australian superannuation funds are stepping in to fill a funding gap for property development left by the big four banks' increased capital requirements, according to a specialist capital provider.

Whitehelm Capital acquires 49% stake in GE business

ALEX BURKE  |  MONDAY, 7 DEC 2015
Whitehelm Capital has acquired a 49.9% stake in General Electric Energy Financial Services' Worsley Multi-Fuel Cogeneration (Worsley Cogen) power plant.

Catholic Super chief addresses climate conference

DARREN SNYDER  |  MONDAY, 7 DEC 2015
Catholic Super chief executive and Investor Group on Climate Change (IGCC) chair Frank Pegan said global investors are acting on climate by pressing policymakers, fund managers and companies on the issue.

US Fed cleared for lift-off

BENJAMIN ONG  |  MONDAY, 7 DEC 2015
As fate or coincidence would have it, 16 December marks the beginning and now the coming end of the US Federal Reserve's near zero interest rate policy - precisely seven years.

Global divesting institutions reach 500

LAURA MILLAN  |  FRIDAY, 4 DEC 2015
Institutions fully or partially divesting from coal and fossil fuels have reached 500, as the argument for divestment gains momentum.