MARKET FORCES

Funds management

Despite committing to net zero by 2050, NAB, ANZ, and Westpac have lent to a fund manager that purchased a 49% stake in a 1.6 billion tonne carbon bomb project, according...

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Features

With this year’s United Nations Climate Change Conference now completed, Liam Cormican investigates what industry advocacy groups are addressing when it comes to moving t...

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Funds management

Market Forces say ANZ’s updated climate policy falls short in addressing climate change and likened it to “shuffling of the chairs on the Titanic”. ...

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Funds management

Shareholders of ANZ, NAB, and Westpac have lodged resolutions calling on the banks to stop funding new fossil fuel projects as the banks have continued to undermine net z...

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Funds management

Commonwealth Bank and ANZ are “the worst” offenders with each lending to projects with emissions equivalent to nearly eight years of Australia’s total greenhouse gas emis...

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Funds management

The bank aims to provide $3.5 billion of new lending to climate change solutions over the next three years. ...

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Funds management

The Commonwealth Bank has announced it will divest from thermal coal by 2030, after being one of the heaviest lenders to coal, oil, and gas, according to Market Forces. ...

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 20 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 21 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago