ESG Update as at 7 May 2019

ESG Update as at 7 May 2019
  • APRA reviewing ESG matters

  • AMP compiles 10 ESG issues on investor agendas

  • Sand: the environmental catastrophe you missed

  • Is the renewables market busting?

  • Westpac going 100 per cent renewable by 2025

  • Cannabis - an update on regulatory trends and industry developments

  • Renewables supplied 77 per cent of Germany’s electricity on Easter Monday

  • Brunei punishing gay sex, infidelity, with stoning and whipping

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Fund Product, Company and Regulatory Updates as at 7 May 2019

Fund Product, Company and Regulatory Updates as at 7 May 2019
  • CFS removes nine undesirables, adds three new index funds

  • Tribeca partners with advisory firm to launch new Asian Credit fund

  • Equipsuper and Catholic Super to merge

  • Netwealth opens new office, makes new appointments

  • Superannuation startup relaunching

  • IOOF fails to meet APRA’s deadline

  • ASIC appoints receivers to Berndale Capital Securities

  • APRA review looks at insurance in super

  • AIST wants AFCA to name and shame super funds

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Australian and Global ESG Update as at 23 April 2019

  • CSIRO invites public discussion on AI ethics

  • Australians top ‘most responsible asset allocator’ list

  • NZ Super divests weapons

  • State Street calls for Australian board annual elections for all directors

  • Norway restricts coal investments while opening up renewables

  • $1bn green infrastructure investment boost in Southeast Asia

  • Exxon shareholders not allowed to vote on climate resolution

  • Socially responsible investments hit US$30 trillion

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Fund Product, Company and Regulatory Updates as at 23 April 2019

  • Vanguard launches ETF

  • CareSuper reduces administration fees with admin switch

  • Colonial First State drops fees across super and investments

  • First State Super brings advice in-house

  • One-stop-shop SMSF platform for accountants and planners launches

  • IOOF class action filed after Royal Commission evidence

  • CitiGroup to refund over $3m after sale of complex products

  • Super bills on hold

  • New legislation removes incentives for employers to choose super funds

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Fund People as at 23 April 2019

  • Rice Warner welcomes new CEO, says goodbye to founder

  • GROW Super appoints head of strategy

  • State Street appoints new international business CEO

  • Hostplus hires group insurance head

  • Rest appoints innovation and transformation head

  • AvSuper appoints new directors

  • Macquarie IM appoints COO Asia-Pacific

  • SMSF Association loses founder and CEO

  • TelstraSuper chair departing

  • Tribeca loses portfolio manager

  • UniSuper executive reshuffle with new senior appointments and departures

  • FASEA appoints two new directors

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Fund Product, Company and Regulatory Updates as at 9 April 2019

  • QB launches execution algorithm on ASX

  • IFM Investors opens European office

  • VicSuper and First State Super consider merger

  • NAB scraps 'introducer payments’

  • Christian Super launches Aboriginal and Torres Strait Islander reconciliation plan

  • Institutional Shareholder Services acquires Strategic Insight

  • New alternatives platform launch

  • New small caps boutique at Fidante Partners

  • Zurich closes international equities fund

  • Australian Super increases insurance premiums

  • Refundable franking credits removal fails committee approval

  • Budget relaxes super contribution rules for retirees

  • Product dashboards for MySuper products temporary disclosure-related relief extended

  • APRA’s new powers in the super realm

  • New laws for financial product design and distribution pass

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Fund People as at 9 April 2019

  • Pinnacle welcomes new head of retail, marketing director, director of listed products

  • QIC appoints new chair

  • Ernst & Young appoint super and insurance expert as partner

  • Mine Super appoints new CIO

  • J.P. Morgan welcomes new CEO

  • AMP Capital appoints new local real estate head

  • Future Fund creates new deputy CIO role

  • Rice Warner changes to leadership team

  • New head of Australasia at Blackrock

  • FSC welcomes new board members

  • Sunsuper welcomes AustSafe Super’s CEO in new role after merger

  • Aberdeen loses head of fixed income

  • BUSSQ puts long-standing CIO ‘on leave’

  • IOOF loses MD in Royal Commission take-down

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Australian and Global ESG Update as at 2 April 2019

  • Financial services and the Modern Slavery Act - time’s up

  • SuperRatings - research into how ‘sustainable’ investment funds are performing

  • NZ investors take action on tech giants over terror attacks

  • The Australian Sustainable Finance Initiative launched

  • Industry Super Holdings under the pump to divest weapons supplier

  • Disabilities-focused Dutch fund introduces bespoke index

  • Research Report: Sizing the Impact Investing Market

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