Asset Allocation
$185 Billion Australian Retirement Trust Plans Thermal Coal Divestments
The fund will divest from companies who generate more than 10% of their revenue from coal production.
Tag: Australia
Pensions
Australia’s Pensions Regulator Launches Project on Unlisted Assets
The APRA is putting under review its practices for valuation of unlisted assets, including private equity, commercial real estate and infrastructure.
Asset Allocation
Super Funds Seek to Turn Australia Into ‘Renewable Energy Superpower’
A group representing A$1.2 trillion in assets is calling for reforms and investment on ‘a massive scale.’
Risk
Australia Agrees to Disclose Sovereign Bonds’ Climate Risks
Investors can comment on the settlement until the court approval hearing, scheduled for October 11.
Newsmakers
Australia’s Future Fund Names David Bluff Head of Private Equity
Bluff joins sovereign wealth fund after 14 years at The Carlyle Group.
Asset Allocation
Ontario Teachers’ Pension Buys Majority Stakes in Bioenergy Firm, Australian Farm
The Canadian pension fund makes $250 million capital commitment to Idaho-based Sevana Bioenergy.
Regulation
Australian Regulator Accuses Mercer Super of Greenwashing
The nation’s Securities and Investments Commission is suing the pension fund for allegedly misleading members about sustainability.
Newsmakers
Australia Seeks Public Consultation on Pension Legislation
Former government accused of raiding superannuation system ‘with devastating impacts’ on savings.
Newsmakers
Australian Prime Minister Proposes $10 Billion Green Fund
The National Reconstruction Fund would invest in clean energy and other areas of the economy.
Newsmakers
Vanguard Launches Australian Pension Fund
Investment manager aims to break into market down under by offering low-fee funds.
With a Recession Enroute, Should Pension Funds Be Worried?
Maybe not, data from WTW and others show. Despite some losses lately, they remain in resilient shape. Here’s how.
Pensions
Australian Pension Aware Super Launches Real Estate Platform
Pension fund aims for Aware Real Estate to manage more than A$7 billion in assets within five years.
Newsmakers
Australian Pension Funds Mercy Super and HESTA to Merge
Proposed deal is the latest in an ongoing consolidation within the industry.
Newsmakers
Expect Chronic Inflation, Says CIO of Singapore’s Sovereign Wealth Fund
At the Milken Institute Global Conference, institutional investors discussed rethinking their allocations, as the inflationary environment seems likely to be here for the long haul.
Newsmakers
Three Australian Funds Merge to Create the Country’s Second-Largest Retirement Fund
Officials hope that the mergers will reduce management fees and increase retiree benefits.