Search Results

Showing 11 - 20 of 72 results for "Australian Super"

Investor backing for Say on Climate votes: ACCR

RACHEL ALEMBAKIS  |  THURSDAY, 28 APR 2022  |  NEWS
Australia's largest super funds and the world's largest investment managers backed most "Say on Climate" votes in 2021, according to analysis from the Australasian Centre for Corporate Responsibility (ACCR). There were 19 'Say on Climate' votes on company ...

Labor election pledge on YFYS performance test

RACHEL ALEMBAKIS  |  THURSDAY, 7 APR 2022  |  NEWS
Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation Stephen Jones said that elected, a Labor government would review the Your Future Your Super (YFYS) performance test because of "unintended and negative consequences" ...

Divestment from sanctioned Russian companies a matter of governance

RACHEL ALEMBAKIS  |  THURSDAY, 10 MAR 2022  |  NEWS
A number of asset owners have announced that they will divest from Russian holdings in response to the invasion of Ukraine. In addition to ethical considerations, investors will have to sell out of Russian securities if the underlying company appears ...

Responsible investment funds surge past $100 billion: Plan For Life

RACHEL ALEMBAKIS  |  THURSDAY, 17 FEB 2022  |  NEWS
... and wholesale unit trust responsible funds account for more than 54% of the responsible investment market. The Australian super fund responsible sub-market increased 29% over the latest year and recorded a 5 year CAGR of 15.6% while representing over ...

Baker McKenzie hires special counsel from industry super fund

RACHEL ALEMBAKIS  |  THURSDAY, 3 FEB 2022  |  NEWS
... McKenzie national managing partner Anthony Foley. "She also offers advice to fund managers managing assets for Australian super funds, those co-investing with super funds, and the provision of ESG advice." As head of legal advisory at UniSuper, Dardamanis ...

YFYS, tracking error a challenge to ESG adoption: Parametric

RACHEL ALEMBAKIS  |  THURSDAY, 27 JAN 2022  |  NEWS
Integrating ESG investing into a superannuation portfolio can increase tracking error, raising concerns that ESG could lead super funds to negative outcome against the Your Future Your Super (YFYS) performance test. However, Global implementation specialist ...

Proxy advisers criticise new government reforms

RACHEL ALEMBAKIS  |  THURSDAY, 23 DEC 2021  |  NEWS
Proxy advisers and advocacy bodies including the Australian Council of Superannuation Investors (ACSI) have criticised new rules governing proxy advice that will commence in February 2022. Beginning 7 February, all proxy advisers must hold a financial ...

HESTA CEO joins corporate governance board

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 SEP 2021  |  NEWS
HESTA CEO Debby Blakey has been appointed to the Board of the International Corporate Governance Network (ICGN). Blakey is the only Australian board member, whose members are responsible for assets of more than $79 trillion. ICGN represents institutional ...

Neuberger Berman closes $280m private equity impact fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 MAY 2021  |  NEWS
Neuberger Berman has announced the final close of a private equity impact fund that raised $280 million from investors, including Australian superannuation funds. The NB Private Equity Impact Fund invests in direct and fund investments that seek to ...

EISS Super takes on ESG risk analytics with State Street

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
... can have a holistic view of traditional and ESG-related risks, according to the firm. "For an entity like an Australian super fund, which is a global asset owner, we see the whole book," Cheever said. "The asset owner wants to be able to make decisions ...