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Showing 1871 - 1880 of 3163 results for "Owner"

HESTA appoints new director

ALEX BURKE  |  FRIDAY, 29 JAN 2016
HESTA has appointed a new director, replacing Richard Royle, who announced his resignation in November 2015. Daniel Sims joined HESTA on January 1 and is the nominee for the Australian Private Hospitals Association. Currently he is chief executive at ...

Legg Mason makes three acquisitions

DARREN SNYDER  |  THURSDAY, 28 JAN 2016
It is expected 2016 will see mergers and acquisitions intensify and global asset manager Legg Mason has already jumped on board, recently making three major announcements. From its Baltimore offices Legg Mason announced it will acquire a majority equity ...

NAB shareholders vote for UK exit

ALEX BURKE  |  WEDNESDAY, 27 JAN 2016
NAB shareholders have voted overwhelmingly in favour of the bank's demerger with Clydesdale in the UK. At the bank's scheme meeting today in Melbourne, NAB group chair Dr. Ken Henry explained the demerger would be structured with a new holding company ...

Report highlights sea-change in asset owner operations

MARK SMITH  |  THURSDAY, 21 JAN 2016
... principal-agent issues persist. The Future Fund has adopted "immersed monitoring" - a deeper explanation of what the asset owner requires and constant questioning of external manager decisions. Without it, investment managers tend to obsess about tracking ...

ETFs benefit from market volatility: SSGA

DARREN SNYDER  |  TUESDAY, 19 JAN 2016
State Street Global Advisors (SSGA) says exchange-traded funds (ETFs) are one of the largest beneficiaries of global market volatility as investors look to dodge high levels of uncertainty. SSGA Australia head of SPDR ETFs Amanda Skelly said while dramatic ...

Silk joins PRI advisory committee

DARREN SNYDER  |  FRIDAY, 15 JAN 2016
... AustralianSuper chief executive Ian Silk has been named as part of the newly created Principles for Responsible Investment (PRI) Asset Owner Advisory Committee. Silk was the only Australian named as one of 15 inaugural committee members from around the ...

HESTA makes first impact investment in affordable housing

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
HESTA has made a $6.7 million investment in Horizon Housing, a community housing provider operating in Queensland focused on increasing the supply of social and affordable housing and helping low income earners achieve home ownership. The super fund ...

IFM Investors sell Pacific Hydro to SPIC

DARREN SNYDER  |  FRIDAY, 18 DEC 2015
... investments. IFM Investors' global head of infrastructure Kyle Mangini said the fund manager has been a proud, long-term owner of Pacific Hydro and "invested heavily in growing the business over the last 10 years." "We are not surprised with the ...

Pillar layoffs unrelated to privatisation

ALEX BURKE  |  FRIDAY, 18 DEC 2015
Pillar Administration has denied that calls for voluntary redundancies are related to the upcoming sale of the company. In fact, Pillar chief executive Peter Brook explained, the superannuation administrator had been planning to reduce employees since ...

Omniwealth names new COO

MARK SMITH  |  TUESDAY, 15 DEC 2015
... progressive retirement of baby boomers has brought the question of succession to centre stage for many companies and their family owner members."