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Showing 1061 - 1070 of 3163 results for "Owner"

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
The long-run rise in household indebtedness has increased concerns about the risks this poses globally to banking sectors and economies more broadly, according to the Reserve Bank of Australia. In a new paper titled How Risky is Australian Household ...

Gonski departs ANZ

ELIZABETH MCARTHUR  |  THURSDAY, 27 AUG 2020
David Gonski has stepped down as the chair of ANZ, with Paul O'Sullivan to succeed him. Gonski is retiring from the board after serving as chair for six and a half years. "It has been an honour to work with my fellow directors and the management team ...

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
HESTA has told the parliament it sees participation in class actions as a form of active ownership. The super fund said it participates in class actions to recover losses but also as a means of encouraging better standards of corporate governance and ...

HESTA advocates for change post Rio blast

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
The $52 billion industry fund for health employees has outlined its investor expectations for mining and energy companies and how they engage with Indigenous communities and heritage sites after the destruction of the Juukan Gorge Caves by Rio Tinto. ...

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
... reversal from the 13.5% decline recorded in February this year. The final word comes from Zhang Yong, small taxi company owner in Wuhan: "I guess it also rings a bell for some countries, which are still struggling to fight COVID-19, that without strict ...

CFA Institute call for feedback on new standard

ANNABELLE DICKSON  |  TUESDAY, 25 AUG 2020
The CFA Institute is seeking feedback from the professional investor community on a consultation paper for a proposed disclosure standard for environmental, social and governance (ESG) investments products. The new standard aims to focus on the disclosure ...

Cromwell sells SA asset at premium

ALLY SELBY  |  MONDAY, 24 AUG 2020
... $63.05 million; an 18.96% premium to the asset's book value. Cromwell has sold Rand Distribution Centre on behalf of its owner, Cromwell Property Trust (C12), with the sale expected to settle in mid-December. Cromwell head of retail funds management ...

Northern Trust launches ESG capability

ALLY SELBY  |  FRIDAY, 21 AUG 2020
Global custodian Northern Trust announced it has redeveloped its environmental, social and governance analytics capabilities to now include key environmental data categories. Northern Trust's clients, many of which are asset owners such as pension and ...

Young-old wealth gap widest in 18 years

KANIKA SOOD  |  MONDAY, 17 AUG 2020
Counting on your children's lives being better than yours? It's not a given as a new Actuaries Institute report finds the relative wealth and wellbeing of 25 to 34 year olds is the lowest in 18 years. The Actuaries Institute's publication ...

Navigator takes stake in investment portfolio

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
Navigator Global Investments has entered into an agreement with Neuberger Berman subsidiary Dyal Capital Partners to acquire minority ownership interests in six of its funds. The ASX-listed parent of US-based Lighthouse Investment Partners will take ...