Markets

The Chainsmokers and Tony Hawk are among celebrity backers for a social-investing app that just raised $65 million to ‘change the culture of the stock market’

Electronic music duo The Chainsmokers and legendary skateboarder Tony Hawk have taken stakes in Public.com, an investing app that makes trading in the stock market more accessible. Public raised $US65 million in its most recent fundraising round, saying that it aims to “change the culture of the stock market.” The […]
The Chainsmokers and Tony Hawk are among celebrity backers for a social-investing app that just raised $65 million to ‘change the culture of the stock market’
News

Sin stocks are shares in companies whose business can be considered unethical — here’s why they’re so enticing and the major players

The “sin stocks” label traditionally refers to gambling, alcohol, tobacco, and weapons companies. Sin stocks are considered defensive stocks, meaning they tend to perform well even during an economic downturn. Though relatively stable, sin stocks carry some special risks, such as being vulnerable to changes in regulations or taxes. Visit […]
Sin stocks are shares in companies whose business can be considered unethical — here’s why they’re so enticing and the major players
Markets

‘Absolutely hypocritical’: Four of Australia’s biggest super funds say they stand for climate action, but often vote against it

Four big Australian super funds have had their record on climate action slammed, with new data revealing they remain heavily invested in fossil fuels. AustralianSuper, UniSuper, Hostplus, and HESTA control around $360 billion of the reitrement savings for more than 4.5 million Australians. While they maintain they wield their stakes […]
‘Absolutely hypocritical’: Four of Australia’s biggest super funds say they stand for climate action, but often vote against it
Tech

How despair with the Abbott government inspired a fintech startup

Tom Culver, then a wealth manager for ANZ, distinctly remembers the moment when he lost faith in governments and started getting the nagging feeling that something needed to be done. “It was during the [Tony] Abbott years, when I realised that governments don’t see themselves accountable for the future of […]
How despair with the Abbott government inspired a fintech startup
Markets

Hunter Hall has appointed an interim CEO and its shares are rallying

Ethical investing fund manager Hunter Hall, whose founder and chief investment office Peter Hall has resigned and started selling his majority holding, has appointed an interim CEO. A short time ago, the company’s shares were up 3% to $2.36, but still below the $3.10 level before Peter Hall resigned. The […]
Hunter Hall has appointed an interim CEO and its shares are rallying
Markets

Hunter Hall shares are getting crushed

The sale by ethical investor pioneer Peter Hall of his stake in Hunter Hall has sent shares in the managed fund on a steep slide. A short time ago, Hunter Hall International was down 30% to $2.15. The high profile funds manager last week gave notice as chief investment officer […]
Hunter Hall shares are getting crushed
Markets

Australian ethical investment pioneer Peter Hall is about to step down

Peter Hall is about to step down as chief investment officer of Hunter Hall, the ASX-listed ethical investment company he founded. The ethical investment pioneer started the company in 1993 with the aim of doing good in the world and achieving excellent long term results for investors. Today the company, […]
Australian ethical investment pioneer Peter Hall is about to step down