Philanthropy


HSBC has recruited Jennie Harris, formerly the marketing manager with the George Gregan foundation, to its corporate social responsibility (CSR) program on a contractual basis.

Harris will take on a program previously attended to by Verity Blackman, the bank’s full-time CSR manager, in a year-long tenure while Blackman takes maternity leave. The program includes HSBC’s ‘climate partnership’, an initiative aiming to combat the threat of climate change by spurring governments, business and individuals into action.

For the partnership, the bank is collaborating with The Climate Group, Earthwatch Institute, Smithsonian Tropical Research Institute and the World Wide Fund for Nature in five-year projects whose aims include cleaning-up and promoting New York, Shanghai, London, Hong Kong and Mumbai as model cities, protecting some of the world’s major rivers and researching the long-term impacts of climate change on the forests globally.

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‘Not an ATM’: Sicilia shrugs off private credit liquidity fears

The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.

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