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Showing 1111 - 1120 of 3163 results for "Owner"

Report reveals superficiality of ESG pledges

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
A new report has revealed a number of superannuation funds, including AustralianSuper, voted down shareholder resolutions on climate change despite signing up to the Investor Group on Climate Change. The Australian Centre for Corporate Responsibility ...

IFM Investors hits back at MP demanding probe

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
Greg Combet has written to Standing Economics Committee chair Tim Wilson, rejecting the latter's claims of a conflict of interest in IFM's business and the demand for an APRA investigation into industry funds. Last month, Wilson wrote to APRA asking ...

Clime buys Madison Financial Group

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
... the buyer paying $4.5 million to $5 million, Financial Standard understands. Clime Investment Management will be the new owner of Madison Financial Group, which is home to 103 advisers. Madison's advisers service about 30,000 clients totaling about ...

Survey shows future of mandates

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAY 2020
A survey of 110 pension funds, endowments, foundations, sovereign wealth funds and insurance companies worldwide has revealed the new priority position ESG is taking in asset allocation. The survey was produced by the Morgan Stanley Institute for Sustainable ...

Expats sweat as main residence CGT cut-off looms

ALLY SELBY  |  THURSDAY, 28 MAY 2020
Already facing a rapidly approaching deadline signaling the end of exemptions from capital gains tax, expats now face further challenges in selling their former family homes, with only COVID-19 to blame. Atlas Wealth Management managing director James ...

Grow Super co-founder in alleged betting scandal

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... in relation to his resignation from the board of DSMJ and as chief executive of Grow Super has been appropriate." OneVue, owner of Diversa Trustees which is the trustee for Grow Super, declined to comment. Financial Standard previously reported that ...

IOOF to provide fee relief to adviser network

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
IOOF has announced a new initiative that will see its network of financial advisers offer free financial guidance to local communities until the end of September. IOOF said it is providing fee relief to its advisers to volunteer 60 hours of their time ...

Outsourced trading set to boom

ALLY SELBY  |  MONDAY, 25 MAY 2020
... documentation, regulation, set up, and finding and hiring project management staff and consultants," he said. "So an asset owner really needs to consider for the quantum of the assets that they might be trading; do they want to do that themselves and ...

Boom time for exchanges

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... over-the-counter products. Its SwapClear platform for clearing posted record volumes during the quarter. In Asia, Japan Exchange Group (owner of Tokyo Stock Exchange, the world's third largest) upped its revenue, net income and EPS forecasts at March ...

US pension funds approach point of no return

JAMIE WILLIAMSON  |  THURSDAY, 21 MAY 2020
A new report ranking US public pension funds by their ability to pay future benefits suggests several will likely go insolvent as a result of COVID-19. The issues facing public pension funds in the US are widely known, and while it's not clear how ...