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Showing 1041 - 1050 of 3369 results for "Mandate"

Coronavirus no match for Future Fund

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
... Future Fund acting chief executive officer Cameron Price, who reiterated that the fund does not "have a social impact mandate". "I think as Mr Neal said at the last estimates, we have an investment mandate to generate a long-term financial return, we ...

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
The day you, I and Irene lost sleep over contemplating the potency of future central bank policy actions, given their sharply reduced firepower, when the next threat to the global economy comes. The coronavirus outbreak has brought that day upon us. ...

Gender diversity remains static, women still disadvantaged

ALLY SELBY  |  TUESDAY, 3 MAR 2020
... greater female representation at the publicly-listed companies it invests in. This, combined with a recent legislative mandate, has helped women rise up the ranks, nabbing positions on corporate boards. Morningstar found that stewardship among fund managers ...

HESTA appoints GM, internalises investments

ELIZABETH MCARTHUR  |  TUESDAY, 3 MAR 2020
The $57 billion industry superannuation fund has announced a shakeup to its investment leadership, announcing plans to internalise the management of several asset classes. Steven Semczyszyn will lead development of an internalised Australian equities ...

TAL loses super fund mandate

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2020
TAL has lost a group insurance mandate following a comprehensive review by the super fund's trustee. Members of Freedom of Choice, an offering under the AMG Super umbrella, have been notified that TAL will no longer provide their group insurance ...

NZ blacklists fossil fuels from super

ALLY SELBY  |  MONDAY, 2 MAR 2020
... putting people and the planet first." Finance Minister Grant Robertson said the government would be changing the investment mandate from 'conservative' to 'balanced', in a bid to ensure Kiwis got the most out of their investments. "As we go about appointing ...

Retirement review goes off the rails

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... mast. "I think the review was fairly clear that they're not going to make policy recommendations because that's not their mandate," he says. "But I don't think you should be surprised that stakeholders are using this as an opportunity to communicate ...

Challenger boutique winds up fund

KANIKA SOOD  |  THURSDAY, 27 FEB 2020
... understood that the boutique doesn't have plans to tap the retail market. In June last year, Kinetic lost a $230 million mandate from Vision Super, as the superannuation fund swapped it out (alongside Perpetual Investment Management's $170 million mandate) ...

Industry fund awards mandate

ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
A $7 billion industry fund has awarded a mandate for an indexing strategy. Energy Super has awarded Robeco a $650 million global equity mandate to the manager's Enhanced Indexing strategy. Robeco's Enhanced Indexing strategy incorporates sustainability ...

Chief economist update: COVID-19 could hit Australia with triple whammy

BENJAMIN ONG  |  FRIDAY, 14 FEB 2020
The same way as a computer virus freezes the computer's operating system, the coronavirus - renamed COVID-19 - has forced China into lockdown and slowed, if not completely frozen, economic activity in the country. But even without the government-mandated ...