Tag: Australia

Asset Allocation November 20, 2020

Australia’s Largest Pension Fund Pledges Net Zero Portfolio by 2050

The $137 billion AustralianSuper has outlined a four-pronged approach to eliminate emissions within 30 years.

Risk November 4, 2020

Australian Pension Fund Settles Climate Change Lawsuit

Mark McVeigh calls the settlement with Rest pension fund a ‘ground-breaking recognition’ of risks posed by climate change.

Asset Management Culture October 19, 2020

Australia’s IFM Investors Targets Net Zero Goal by 2050

The $114.6 billion fund joins a growing list of pensions and endowments aligning with the Paris Agreement target.

Asset Management Culture August 24, 2020

Shakeup at Australia’s AMP over Sexual Misconduct Allegations

Board Chairman David Murray leaves, along with another director, as Boe Pahari steps down as AMP Capital’s new CEO, after uproar over Pahari’s promotion in light of 2017 harassment complaint against him.

Pensions August 5, 2020

Netherlands, Denmark, Australia Rated World’s Top Pension Systems

Thailand, Argentina, and Turkey were ranked as having the worst pension systems in the world by Visual Capitalist.

Alternatives July 13, 2020

Australia’s Second Largest Pension to Divest from Thermal Coal

The fund also said it will reduce emissions from its listed equities by at least 30% in under three years.

Alternatives July 7, 2020

Australian Pension Fund Commits to Becoming Net Zero by 2050

HESTA also pledges to reduce portfolio’s carbon emissions by one-third within 10 years.

Corporate Moves June 17, 2020

Exclusive: Raphael Arndt’s Ascension to CEO of the Future Fund

Arndt discusses with CIO his leadership strategies focusing on the democratization of intelligence and empowering individuals within the fund.

April 30, 2020

Institutional Investors, Asset Recycling, and the US Infrastructure Agenda

Infrastructure is a hot topic in the upcoming fourth coronavirus stimulus package, and the world’s wealthiest asset managers, bearing an appetite for portfolio resiliency and diversification, could be of great assistance.