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Showing 1631 - 1640 of 3466 results for "Stake"

Hermes inks local ESG partnership

KANIKA SOOD  |  TUESDAY, 12 MAR 2019
The British investment management giant has signed an agreement to share its ESG expertise with an Australian body for asset owners. Hermes Investment Management's stewardship business (EOS) will share engagement insights about Australian and global ...

NZ Super makes transparency play

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
The New Zealand government's retirement savings vehicle has established a platform to record its votes at listed company AGMs. NZ Super Fund will allow stakeholders to search its voting data by country and company, down to individual resolutions across ...

Consultation opens for claim handling changes

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
The Federal Government has opened consultation on a proposal to remove the exclusion of insurance claims handling from the definition of financial service. Industry stakeholders were worried about the unintended consequences of removing the exclusion ...

Former ASFA chair sees new EQT role

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
Equity Trustees is welcoming a new deputy chair, moving a former Association of Superannuation Funds of Australia chair alongside current EQT chairman Jeff Kennett. Jim Minto has been appointed as deputy chair of Equity Trustees. It is a move set to ...

Freedom Insurance misses reporting deadline

KARREN VERGARA  |  FRIDAY, 1 MAR 2019
Freedom Insurance Group has failed to file FY19 interim results and its shares remain suspended. The embattled firm provided an update on its financial position to the ASX overnight, stating it is "unable to provide an accurate estimate of when the ...

New fund to invest in low-carbon Aussie stocks

KANIKA SOOD  |  FRIDAY, 1 MAR 2019
A global manager has launched a new fund to invest in ASX-listed companies that have a lower exposure to carbon emissions and fossil fuel companies. The Russell Investments Low Carbon Australian Shares Fund will use the S&P/ASX 300 Accumulation Index ...

New ASX governance principles target culture

KARREN VERGARA  |  THURSDAY, 28 FEB 2019
The ASX and its new corporate governance principles unveiled overnight are taking a leaf out of Commissioner Kenneth Hayne's final recommendations. The fourth iteration of the ASX Corporate Governance Council's principles and recommendations ...

ASX to sell IRESS investment

KANIKA SOOD  |  TUESDAY, 26 FEB 2019
The ASX is offloading its entire stake in financial software company IRESS for $358 million with UBS managing the sale. ASX Limited invested in IRESS's initial public offering in 2000 when both were predominantly focused on servicing the Australian ...

Labor responds to Royal Commission final report

JAMIE WILLIAMSON  |  MONDAY, 25 FEB 2019
The Labor Party will look to ban the payment of grandfathered commissions by January 2020 if successful at the upcoming Federal election. Responding to the final report, Shadow Treasurer Chris Bowen said the party has already tabled a bill to end the ...

GAM sacks investment director

JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
GAM Investments confirmed fixed income investment director Tim Haywood was dismissed for "gross misconduct" following an internal investigation. And he's appealing the decision. In August 2018, Haywood was at the centre of an investigation that ...