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Investors back Fortescue's clean energy moonshot


Investors back Fortescue’s clean energy moonshot
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Investors have backed Fortescue Metals Group’s plan to pump a slice of its iron ore profits into clean energy generation, saying it was an important step in diversifying the company.
Fortescue surprised investors on February 18 when it vowed to devote 10 per cent of profits to the Fortescue Future Industries (FFI) subsidiary that is pursuing business opportunities in renewable energy generation and green hydrogen production.
Fortescue chief executive Elizabeth Gaines says the FFI allocation will be closer to $100 million this year. 
Philip Gostelow
Fortescue had earned the right to take a risk given its success in both building a globally significant iron ore business and eliminating the debt that it used to build that iron ore business, Tim Gerrard from Janus Henderson’s Global Natural Resources Fund said. ....

Western Australia , Elizabeth Gaines , Todd Warren , Pengana Australian Equities Fund , Australian Equities , Australian Equities Fund , மேற்கு ஆஸ்திரேலியா , எலிசபெத் ஆதாயங்கள் , டாட் வாரன் , ஆஸ்திரேலிய பங்குகள் , ஆஸ்திரேலிய பங்குகள் நிதி ,

Aus Ethical expands team | Super Review


The appointments come as the firm said it had experienced “booming demand” in those channels as it eclipsed $5 billion in funds under management (FUM).
John McMurdo, Australian Ethical chief executive, said he attributed this demand to an increased number of Australians who had embraced ethical investing.
“In 2020 we witnessed a seismic shift in societal expectations whereby great investment returns were only the first stage of the assessment criteria for many investors when allocating a large proportion of their capital,” McMurdo said.
“We are seeing an accelerating movement of advisers and investors placing significantly more weight on ensuring their investments also create a better world for people, planet, and animals – on top of achieving above-market returns.” ....

South Australia , Keenan Bunning , Sara Wakefield , John Mcmurdo , Leah Willis , Mike Murray , Jeannie Bredberg , Companies Fund , Australian Shares Fund , Association Of Superannuation Funds Australia , Australian Ethical , Superannuation Funds , Australian Shares , Emerging Companies , Emerging Companies Fund , கருப்பு பாறை , தெற்கு ஆஸ்திரேலியா , கீநெந் பன்னிங் , சாரா வேக்ஃபீல்ட் , லியா வில்லிஸ் , மைக் முர்ரே , ஜீனி ப்ரெட்பெர்க் , நிறுவனங்கள் நிதி , ஆஸ்திரேலிய பங்குகள் நிதி , சங்கம் ஆஃப் சுப்பெறன்ணுஅதிோன் நிதி ஆஸ்திரேலியா , ஆஸ்திரேலிய நெறிமுறை ,

Aus Ethical expands team | Money Management


The appointments come as the firm said it had experienced “booming demand” in those channels as it eclipsed $5 billion in funds under management (FUM).
John McMurdo, Australian Ethical chief executive, said he attributed this demand to an increased number of Australians who had embraced ethical investing.
“In 2020 we witnessed a seismic shift in societal expectations whereby great investment returns were only the first stage of the assessment criteria for many investors when allocating a large proportion of their capital,” McMurdo said.
“We are seeing an accelerating movement of advisers and investors placing significantly more weight on ensuring their investments also create a better world for people, planet, and animals – on top of achieving above-market returns.” ....

South Australia , Keenan Bunning , Sara Wakefield , John Mcmurdo , Leah Willis , Mike Murray , Jeannie Bredberg , Companies Fund , Australian Shares Fund , Association Of Superannuation Funds Australia , Australian Ethical , Superannuation Funds , Australian Shares , Emerging Companies , Emerging Companies Fund , கருப்பு பாறை , தெற்கு ஆஸ்திரேலியா , கீநெந் பன்னிங் , சாரா வேக்ஃபீல்ட் , லியா வில்லிஸ் , மைக் முர்ரே , ஜீனி ப்ரெட்பெர்க் , நிறுவனங்கள் நிதி , ஆஸ்திரேலிய பங்குகள் நிதி , சங்கம் ஆஃப் சுப்பெறன்ணுஅதிோன் நிதி ஆஸ்திரேலியா , ஆஸ்திரேலிய நெறிமுறை ,