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Showing 161 - 170 of 7081 results for "Board"

Wealth managers shirk cybersecurity priorities

KARREN VERGARA  |  MONDAY, 13 NOV 2023
An alarming number of small and large wealth managers are underprepared for cybersecurity breaches particularly when it comes to managing third-party providers, a new report from ASIC finds. Wealth managers across the spectrum have a long way to go ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... offer to be paid in cash for very PAC share via a scheme of arrangement as proposed in a letter dated November 7, PAC's board of directors said, adding that it was a move GQG was not aware of. GQG's proposal values PAC at $567.3 million, in which the ...

Challenger expands strategic relationship with Apollo

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
... and new investment strategies. Under the agreement, Apollo head of Asia Pacific Matthew Michelini will join the Challenger board as a non-executive director, effective immediately. Michelini is a member of Apollo's leadership team and has played ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... shareholders voted against the report on executive pay following years of turmoil. If a second strike is recorded next year, the board will all face re-election. Formica said the board acknowledges that shareholders are disappointed with the remuneration ...

Vanguard Super institutes advice fee function, tweaks options

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
... option. Meanwhile, Vanguard's Super's diversified investment options' have been updated, with an across-the-board increase in their investment return objectives. Separately, the super fund has disclosed its financial position in a statement ...

Magellan downplays collapse, open to takeover

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... acquire at a significant discount. "There's significant value and potential in what we can do and that's our job as a board and as a business to unlock that. I can't run the business or worry about being a target," he said. "The best thing ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... returns to target in a reasonable timeframe will depend upon the data and the evolving assessment of risks," she said. "The board remains resolute in its determination to return inflation to target and will do what is necessary to achieve that outcom ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... organisations "to make high quality, comparable and useful climate disclosures based on the International Sustainability Standards Board (ISSB) standards" - a significantly greater level of detailed disclosures than current reporting practices, which ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... markets in 2007, but its investment exposures grew as China developed into a critical financial market. While the Future Fund Board of Guardians asserts that its processes are designed to prevent investments contravening Australian sanctions, Paterson ...

GQG Partners FUM declines

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... $500 million net outflows from institutional investors. On the same day, Magellan officially welcomed Kathy Kovacs to its board, marking the final step in the fund manager's board renewal initiated last November. Kovacs, a director at HUB24 since ...