Morningstar managing director to depart
Morningstar Australia and New Zealand managing director Jamie Wickham will leave Morningstar at the end of this month.
Gender inequality: A systemic risk to the Australian economy
Corporate Australia needs to do more to recognise women’s contribution to the economic wellbeing of the country by setting effective gender targets to increase female participation in the workforce.
Australia moving ahead with sustainable finance taxonomy
The development phase of an Australian sustainable finance taxonomy will be a collaborative effort between the public and private sectors to support a stronger, more prosperous and sustainable Australia.
Rest sells stake in Endeavour Energy
Profit-to-member superannuation fund Rest has agreed to sell its 12.6 per cent stake in Endeavour Energy to a fund managed by Macquarie Asset Management.
AusSuper pushes for single benchmark in YFYS test
The $280 billion AustralianSuper has called for the range of benchmarks used in the Your Future, Your Super performance test to be replaced with one universal industry benchmark.
Super fund momentum slows in FY22: KPMG
The size of Australia’s pension market fell by $100 billion in FY22, hit by volatile markets, persistent and rising inflation and an energy crisis due to Russia’s war on Ukraine, now well into its second year.
State Street launches global carbon asset servicing solution
State Street Corporation has launched the Carbon Asset Servicing Solution, which will allow asset managers, asset owners, and other financial services institutions around the world to integrate carbon-related assets into their portfolios as the demand for the asset class continues to grow.
BT’s Private Portfolio Management business to transition to Mercer
Mercer has entered into an agreement with Westpac Group to transition BT’s Private Portfolio Management business to Mercer, which will occur in Q4 this year.
Betashares launches two low-cost global shares ETFs
ETF manager Betashares will launch two new global share funds in the coming weeks that tracks an index of 1500 global companies and suitable as a core allocation to portfolios.
UniSuper enters Europe with $1b mobile towers investment
Superannuation fund UniSuper has secured a 5 per cent indirect stake in mobile towers business Vantage Towers in a $1 billion deal.
BlackRock to launch global infrastructure and property ETFs
BlackRock Australia will launch two core ETFs later this month, focused on giving investors exposure to global infrastructure and property.
ACSI2023: Rest CEO Vicki Doyle warns on greenwashing crackdown
The chief executive of the $70 billion retail industry super fund, Rest Vicki Doyle has urged the Federal Government to move faster on setting the standards for disclosure around ESG issues, particularly on climate change.
