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Showing 41 - 50 of 155 results for "Gambling"

New sales lead at ethical manager

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... identifying what it saw as a gap in the market. The SMAs screen out investments in oil, tobacco, weapons, heavy polluters, gambling and coal while targeting healthcare, recycling, education, sustainable technologies, clean energy and aged care.

Lack of transparency in ESG funds criticised

ELIZABETH MCARTHUR  |  THURSDAY, 3 SEP 2020
... with a portfolio that looks very similar to the broader market when it comes to exposure to things like fossil fuels, gambling, tobacco, or deforestation. For many investors, ESG integration might sound good, but in practice it will often fail to meet ...

Stimulus, ERS pushes spending up 17%

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... weeks ago. Meanwhile, some sectors saw a COVID-19 boost that is still being enjoyed. Seven weeks ago spending on online gambling was up 142% on normal levels as pubs clubs were forced to shutter. Now, online gambling is still up 51% on normal levels. ...

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... troubling reports of bank data showing money from super was being spent on discretionary items like alcohol, furniture or gambling." ISA said members should think carefully before accessing the scheme as it comes with a hefty price tag at retirement ...

Men gamble ERS payment away: Research

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
... super early are more likely to spend on essential items like supermarket shopping and utility bills, men have gone on a gambling binge. Men's spending on gambling was 93% higher than women's. Men who accessed their super early spent an extra $290 a fortnight ...

Super withdrawals being misused

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... situation that was entirely avoidable." Meanwhile, 14% of the money was used to repay personal debts. 11% was spent on gambling. Bligh urged the government to institute some "checks and balances" for the next round of early release payments, saying Illion's ...

AMP, Pendal launch new managed portfolio

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
... portfolio will be guided by three principles: transitioning to a low-carbon economy; avoiding thermal coal, tobacco, gambling, pornography and controversial weapons; and encouraging sustainable social and environment outcomes for the community in a positive ...

Fund pulls mandate, alters pandemic definition

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAY 2020
... the environmental and social issues important to QSuper members. It committed to a minimal exposure to fossil fuels, gambling and adult entertainment in the option. The fund already screens out tobacco and controversial weapons across all its options. ...

COVID-19 creates case for robo-advice

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... hobby day traders, Garrett feels for them. "The value of investment has a lot to do with time in market. Day trading is gambling and the house usually wins," he said. "The average punter sees the markets going up and down each day and they think they ...

Pinnacle adds new boutique

KANIKA SOOD  |  MONDAY, 4 MAY 2020
... UCITs fund in near future. "We are not going to allocate capital to industries with negative social utility such as coal, gambling, tobacco and defence equipment makers. "Pursuing an active engagement agenda on every company held in the portfolio is ...