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22 April 2021 • By Lachlan Maddock • 1 min read

APRA warns of ‘irreversible’ climate risk

The prudential regulator has warned businesses that they must work quickly to understand “the unprecedented nature of climate change” if they want to ...

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Besieged AMP stays mum on Ares

Despite the upheaval facing every division of its business AMP gave nothing away when it released an update on Thursday. AMP Limited’s cash flows ...

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AMP sees 'resilient' performance

AMP believes its wealth management outflows show “underlying signs of improvement” in the wake of COVID-19 and despite the exit of several mandates

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Fundies should understand sustainability: Robeco

Fund managers need to stay agile in a constantly shifting asset management environment, a Robeco exec and ESG head have said, with developments in ...

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Russell Investments launches climate push

Russell Investments will hold itself “to the same standard” as investee companies by committing to make its portfolio and global business ...

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IMF warns of ‘vicious cycle’ of COVID damage

The world faces a difficult dilemma between preparing for a future crisis and repairing the damage from this one. Getting it wrong could be ...

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Magellan missed the recovery: Douglass

Hamish Douglass admitted that Magellan had been “too cautious” on the recent reopening trade while warning that a recent rise in speculative bubbles ...

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Asset managers flock to net-zero pledge

State Street, Russell Investments and US ESG specialist Trillium Asset Management are among 14 new investors signing up for the Net Zero Asset ...

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Challenger issues profit warning

The annuities and investment group has told shareholders to tone down their expectations, cautioning its 2021 full-year profit will be at the lower ...

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ScoMo’s climate ‘plan’ reveals nothing

Prime Minister Scott Morrison says that net zero won’t be achieved in the “wine bars of our inner cities” – but current policy settings mean it’s ...

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