Mutual funds investing articles
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Major Australian Pension Fund To Restrict Coal Investments
Major Australian Pension Fund To Restrict Coal Investments By Tsvetana Paraskova of OilPrice.com Australian Retirement Trust, which manages $183 billion (AUS$280 billion) of retirement savings, is placing thermal coal on its exclusion list as of July 1, as it looks to have a net-zero emissions portfolio by 2050. Thermal coal includes the mining of lignite, bituminous, anthracite, and steam coal and its sale to external parties, the second-largest Australian pension fund said in...
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Imec.xpand raises $320M for fund to invest in semiconductors and nanotechnology
Imec.xpand, a chip and nanotech-focused venture capital fund, announced the launch of a new $320 million fund today.
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Half Dutch sustainable investment funds break EU guidelines
More than half the Dutch investment funds calling themselves sustainable are still investing in the fossil fuel sector and will not meet new EU rules when they come into effect later this year, according to an international collective of investigative journalists. The team, which includes Dutch news platforms Follow the Money and Investico, looked at almost 1,300 European investment funds with combined assets under management of €525 billion, all of which claim to be sustainable. Some 40% of...