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Showing 1421 - 1430 of 5905 results for "Second"

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... subsidiary Fidelity Management Trust Company, the document read, and that Fidelity Management & Research Company held the second largest amount of assets in the plan. The plaintiffs claimed Fidelity's actively-managed options Freedom funds were "riskier ...

New internal audit guide for finance sector

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... should assist the board and senior management to protect the assets, reputation and sustainability of the organisation. The second is to ensure that the composition, structure and remuneration arrangements of internal audit should support independent ...

S&P to buy competitor for $60bn

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... entered a definitive merger agreement that is unanimously approved by both their boards and are expecting a close in 2021's second half subject to Antitrust approvals. On completion, S&P's current shareholders will own about 67.75% of the combined company ...

Chief economist update: Australian capex in COVID-19's shadow

BENJAMIN ONG  |  FRIDAY, 27 NOV 2020
... June 2020 quarter. Spending on buildings and structures fell 15.0% over the same period (faster than the 9.4% drop in the second quarter) while business outlays on equipment, plant and machinery decline by 12.3%, a deceleration from the June quarter's ...

AMP Capital invests in UK port

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
... operates in the UK's north west. It has seven ports and a 14% market share of the UK's total port traffic, making it the second largest port group. Emma Haight-Cheng, head of infrastructure debt for Europe, said Peel Ports is an "exceptional asset for ...

Aware Super cuts carbon emissions by 40%

ELIZABETH MCARTHUR  |  THURSDAY, 26 NOV 2020
Australia's second largest super fund has managed to reduce the carbon footprint of its equities portfolio by 40%. The $130 billion industry fund (formerly First State Super) has created a series of new listed equities benchmarks that will support the ...

Nabtrade brokerage to support rural youth

ELIZA BAVIN  |  THURSDAY, 26 NOV 2020
... violence, and the year prior The Luke Batty Foundation was the beneficiary of the initiative. Meanwhile, NAB was given the second highest score for the banking and financial services sector in Australia in the 2020 Dow Jones Sustainability Index. NAB ...

Chief economist update: Dow 30 thousand

BENJAMIN ONG  |  THURSDAY, 26 NOV 2020
... contraction on record - that followed a 5.0% (annualised) fall in the previous quarter. Sure, latest reports show that the second estimate of US GDP rebounded at annualised rate of 33.1% in the third quarter (unrevised from the initial estimate) but ...

Chief economist update: It's looking up for the land down under

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2020
... Australia. Only yesterday, I penned about things bright and beautiful developing in Australia - its success over containing the second wave and the consequent relaxation of restrictions and re-opening of state borders; the surprise jump in employment ...

Dealer group chief executive departs

ELIZABETH MCARTHUR  |  TUESDAY, 24 NOV 2020
... consisting of Lonsdale, Millennium3 and IOOF Alliances and will be led by Millennium3 chief executive Helen Blackford. The second group will comprise RI Advice and Consultum Financial Advisers and will be led by RI Advice chief executive Peter Ornsby. ...