Category: Governance

Australian superannuation fund HESTA, which has assets of A$47bn (€29bn), has acquired part ownership of the Snowtown 2 Wind Farm in South Australia through its direct investment mandate with Palisade Investment Partners. 

Sustainable funds in the US attracted new assets at a record pace in 2019, according to reports from Morningstar. Estimated net flows into sustainable open-end funds and ETFs available to US investors totalled $20.6bn for the year—nearly four times the previous record set in 2018. Morningstar found there are 300 mutual funds that either “thoroughly” integrate ESG factors into their investment processes, pursue sustainability-related investment themes, seek measurable sustainable impact alongside financial returns, or that use a combination of the former approaches.

UK investment manager Janus Henderson’s commercial property fund, the Janus Henderson UK Property PAIF, has committed to become operationally net zero carbon…