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Showing 1381 - 1390 of 6423 results for "PAC"

Proxy advisers under scrutiny

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
Proposed new legislation will see proxy advisers forced to be much more transparent on how and why they vote on matters put to shareholders. The government is proposing to reform proxy voting by requiring superannuation funds to disclose more detailed ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
Westpac has signalled its recovery from the pandemic with cash earnings increasing by 256% to $3.5 billion over the last 12 months, as it looks to reduce costs by 2024 and farewells a key executive. In its half-year results, Westpac recorded a 189% ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
The Eurozone is back - back in recession, that is, dragged down into a double-dip by the coronavirus -- its resurgence (third time unlucky), its variants and the slow pace of vaccinations. Preliminary estimates released by Eurostat show the single-currency ...

AMP chair faces shareholder ire

KARREN VERGARA  |  FRIDAY, 30 APR 2021
AMP chair Deborah Hazelton has dodged heavy-hitting questions from shareholders who demanded transparency on the firm's failure to reign in chaotic leadership changes and why they are the last to know about significant announcements. Shareholders ...

AIA Australia partners with Your Wills

KARREN VERGARA  |  FRIDAY, 30 APR 2021
AIA Australia has joined forces with a digital estate planning and asset protection service Your Wills. AIA customers can access the service later in the year, creating their Wills online in nine steps. AIA Australia chief executive and managing director ...

First Sentier launches ESG debt strategy

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
First Sentier Investors is leveraging MUFG Bank's strengths in ESG financing for a new private debt capability that will initially focus on providing loans to the renewable energy sector. Officially launching today, First Sentier's sustainable ...

Raiz acquires superannuation platform

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
ASX-listed Raiz will pay $9.5 million to acquire a firm with a $70 million Choice superannuation fund. Raiz is set to buy Superestate, whose business includes superannuation, a residential property fund, and a property data platform. Under the deal ...

Former AMP Capital managing director joins Ignition

KANIKA SOOD  |  WEDNESDAY, 28 APR 2021
AMP Capital's managing director for Asia Pacific who left the firm late last year has joined Ignition Advice as its chief executive for Asia. The digital advice firm has tasked Craig Keary with growth in Asia, including China, Japan, Singapore and South ...

HESTA hires former Vanguard head

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
HESTA, the $60 billion industry fund for the health and community services sector, has made a key appointment within its investments team. Stephen Howard has been appointed general manager, defensives. He was the head of fixed income for Asia Pacific ...

Fund manager creates lead distribution role

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
An $18 billion boutique fund manager has hired a head of institutional distribution in a newly created role. Paradice Investment Management has welcomed Stephen Bramley, who was most recently at multi-boutique Pacific Current Group as managing director ...