Sustainable funds in Australia and New Zealand saw US$567 million in inflows in the last quarter, according to Morningstar, but political concerns in the US meant global funds recorded their first-ever quarterly outflows.
Macquarie Asset Management won multiple awards at last night s Financial Standard Investment Leadership Awards, including the highly coveted Investment Manager of the Year Award.
Not excluding companies involved in the sale of tobacco products while having a tobacco-related negative screen has led to ASIC slapping Vanguard Australia with an infringement notice. In only ASIC’s second action for greenwashing, the fine shows the regulator is attentive to more than misleading environmental claims.