ESG Aus and NZ Update

/

  • BHP shareholders demand pause on mining activities at cultural sites, announces exit from thermal coal

  • More AMP workers come forward with harassment claims

  • Cbus Climate Road Map - targets to 2030

  • Adani evicted from Wangan and Jagalingou country

  • HESTA releases a statement to companies, Working with Indigenous Communities

  • First State Super announces ‘aggressive’ climate action plan

  • Government funding large-scale renewable-based hydrogen projects

  • Suncorp exiting oil and gas industry

  • BNP Paribas launches new green index for institutional investors

  • Solar undercutting coal, may result in early closure of coal power plants

Read More

Fund Product Updates

/

  • Northern Trust announces redeveloped ESG analytics capabilities

  • VanEck to launch four new ETFs

  • Challenger expands annuity range

  • Super funds stop classifying new members as default smokers

  • HESTA consolidating investment options

  • Warakirri announces new retail funds

  • Perpetual launches two new ESG funds

  • Milford launches multi-asset fund to Australian market

Read More

Fund People Update

/

  • FEAL appoints board member

  • Schroders appoints private debt head

  • Future Super appoints investments committee executive chair, governance head

  • Maple-Brown Abbott appoints first-ever risk chief, head of finance and PR

  • Westpac welcomes director of global investment services in NSW

  • Cbus appoints head of service, member and employer experience

  • First State Super loses deputy CEO

  • AMP Capital CEO and executives depart

  • Christian Super CIO resigns

  • IMAP managed account awards 2020 finalists announced

Read More

Fund People Update

/

  • Alcoa welcomes chairman

  • AMP Capital appoints head of real estate

  • Christian Super welcomes new CIO

  • Zenith appoints GM

  • Franklin Templeton executive reshuffle

  • Australian Unity welcomes new retail CEO

  • Cbus welcomes CEO

  • Australian Ethical appoints two new executives, two new roles

Read More

Fund Company Update

/

  • First Nations Foundation launches information site

  • Franklin Templeton finalises Legg Mason acquisition

  • Powerwrap and Praemium to merge

  • First State Super and WA Super merger

Read More

Fund Regulatory Update

/

Three advisers and an unlicensed SMSF scheme in court- The Federal Court has wound up an unlicensed scheme, MyWealth Manager, that was recommending investors put money into a self-managed superannuation fund (SMSF).

Read More

Fund Product Update

/

  • Pinnacle closes Australia’s first zero-fee ETF

  • ETF Securities launches two new Ultra series ETFs

  • Janus Henderson launches ETF on Chi-X

  • BetaShares launches two currency-hedged global ETFs

  • State Street listing ESG ETF

  • Magellan set to pool three versions of Magellan Global Fund

Read More

ESG Research Update

/

Sustainable open-ended funds doing very well in Q2 2020 - The most recent Global Sustainable Fund Flows report by Morningstar looked at almost 3,500 sustainable open-ended funds and exchange-traded funds (ETFs) globally for Q2 2020 noted that sustainable funds did much better after the March market sell-offs.

Read More

ESG Global Update

/

UK pension fund modifying trust drastically - The United Kingdom’s National Employment Savings Trust (NEST) is moving almost half of its portfolio to climate-aware strategies, which involves the divestment of companies involved in thermal coal, oil sands and arctic drilling.

Read More