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Showing 1671 - 1680 of 10303 results for "STI"

AustralianSuper hires for UK leadership

ELIZABETH FRY  |  FRIDAY, 18 FEB 2022
AustralianSuper has named a head of people and culture, international as it looks to boost its staff numbers offshore. AustralianSuper has appointed Pip Leonard head of people and culture, international ahead of shifting more staff offshore in line ...

Private debt and YFYS: Research

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
Scenario analysis from Schroders indicates that an Australian private debt portfolio could have outperformed the Your Future, Your Super fixed income benchmark. The analysis performed by Schroders alternatives director Claire Smith showed it would have ...

Australian market praised in latest pension study

JAMIE WILLIAMSON  |  THURSDAY, 17 FEB 2022
Global pension fund assets have doubled in the last decade, with Australia's pension assets growing by 11.6% in 2021 and seeing it described as "the most successful pensions market". The latest Global Pension Assets Study from Willis Towers Watson's ...

Blackstone agrees $8.9bn deal with Crown

CHLOE WALKER  |  WEDNESDAY, 16 FEB 2022
Crown has accepted Blackstone's latest takeover bid for the Australian casino giant, totalling $8.9 billion. The US private equity firm is offering $13.10 cash per Crown share, which is around 11% higher than its initial approach for the company ...

Skill shortages hitting advice firms hard

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
The financial advice sector is facing a shortage of skills, forcing firms to change how they do things to attract talent. Profusion divisional director Chris Gordon said he has observed a skilled staff shortage in advice, particularly for client service ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
The Senate has overturned proxy advice reforms announced at the end of last year, three days after the new regime had begun. On a vote of 29 votes to 25, the Senate disallowed the new regulations that were announced by Treasurer Josh Frydenberg in December ...

Mine unions pressure funds over Rio

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
Mining unions are applying pressure to super funds over alleged bullying and harassment at Rio Tinto revealed in a recent report. The Western Mine Workers' Alliance (WMWA), an agreement between the Australian Workers' Union (AWU) and the Mining and ...

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
Australian Meat Industry Superannuation Trust (AMIST) is being criticised for a recent investment in fruit packing giant SPC, due to the other party involved in the capital raise. AMIST made an investment in SPC in a capital raising. Peregrine Corporation ...

Boards still lagging on diversity

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 FEB 2022
The latest report from Deloitte and 30% Club Australia questions whether boards are fit for purpose, especially when lacking diversity of experience or background. The report, titled Bold moves in the boardroom, asked whether boards are set up to navigate ...

Magellan funds under review

ELIZABETH MCARTHUR  |  TUESDAY, 8 FEB 2022
After Magellan co-founder Hamish Douglass announced he would take extended medical leave, the company's share price dove and its fund ratings are under review. Morningstar said all of Magellan's global and high conviction funds are under review due ...