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Investors take charge in C-suite equalityBY ANNABELLE DICKSON | THURSDAY, 1 OCT 2020 12:39PM
A $52 billion industry superannuation fund has launched an initiative to increase gender diversity in the executive teams of the ASX200 companies and already has the support of industry heavyweights.
Read more: HESTA, Debby Blakey, Aberdeen Standard Investments, Association of Superannuation Funds of Australia, Australian Council of Superannuation Investors, BlackRock Australia, Chief Executive Women, Ellerston Capital, Fidelity International, First Sentier Investors, IFM Investors, Martin Fahy, Pendal Group, WaveStone Capital
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Macquarie Securities Australia (MSA) has copped a $126,000 fine for breaching market integrity rules, making this its fifth infringement in the last six years.
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IOOF has handed a $23 billion index investing mandate to a global investment manager following Vanguard's decision to stop managing passive strategies for other institutions.
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Addressing the annual Conference of Major Superannuation Funds, the Prince of Wales has asked Australia's super funds to get involved in his Sustainable Markets Initiative.
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Nearly seven in 10 Australians who dipped into their superannuation during COVID-19 are concerned the decision has made them less financially secure, according to a poll from the Australian Institute of Superannuation Trustees.
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