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Showing 211 - 220 of 304 results for "ACS"

CEO pay at lowest level in decade

ALICE URIBE  |  THURSDAY, 18 SEP 2014
Chief executive pay is at its lowest level in a decade, according to a new report by the Australian Council of Superannuation Investors. At an average $4.84 million, the chief executives of ASX 100 companies make 63 times as much money as the average ...

Who will buy NAB Asset Servicing?

JAMES FERNYHOUGH  |  THURSDAY, 4 SEP 2014
In July, National Australia Bank announced to the ASX that it was "undertaking discussions with a number of Global Custody providers" over the future of its custody business, NAB Asset Servicing (NAS). While NAB described it as a "strategic partnering" ...

Portfolio disclosure a 'data dump' on consumers

JAMES FERNYHOUGH  |  THURSDAY, 7 AUG 2014
The proposed portfolio holdings disclosure rules amount to a "data dump" that is useless to consumers, according to Michael Gordon, group executive at Perpetual Investments. Arguing in the affirmative for the ACSA debate, 'Disclosure requirements... ...

ASX meets with PRI to discuss sustainability reporting

JAMES FERNYHOUGH  |  FRIDAY, 18 JUL 2014
Principles for Responsible Investment (PRI) managing director Fiona Reynolds has met with the Australian Securities Exchange this week to urge them to sign up to the Sustainable Stock Exchange Initiative. The initiative, which aims to 'educate' exchanges ...

Platinum and Iress named 'laggards' on sustainability

JAMES FERNYHOUGH  |  MONDAY, 14 JUL 2014
Platinum Asset Management Limited and Iress Limited are among just four ASX 200 companies that have failed to report on sustainability risk for the last four years, according to a study by the Australian Council of Superannuation Investors (ACSI). ACSI ...

Citi closes gap in custody race

JAMES FERNYHOUGH  |  THURSDAY, 13 MAR 2014
Citigroup has continued its rapid ascension in the Australian custody market, growing by 19.4% over the past six months, according to figures released by the Australian Custodial Services Association (ACSA). In the first half of the 2013-14 financial ...

ACSA announces 2014 custody awards

JAMES FERNYHOUGH  |  THURSDAY, 13 FEB 2014
The Australian Custodial Services Association (ACSA) has announced four winners of the 2014 ACSA Awards. The winners were J.P. Morgan's Marian Azer, State Street's Daniel Cheever, NAB's Darryll Rogers and OneVue's Paul Talbot. The awards recognised ...

NAB makes key Asset Servicing appointments

HARRY PAGE  |  WEDNESDAY, 29 JAN 2014
National Australia Bank (NAB) has expanded its Asset Servicing business with two new appointments. Lachlan Allardice has been appointed as the head of Funds Management and Sub Custody and will be responsible for all fund manager, insurance and NAB's ...

ASIC backs down on custody whistleblowing requirements

JAMES FERNYHOUGH  |  FRIDAY, 22 NOV 2013
The Australian Securities and Investments Commission (ASIC) has backed away from its plan to impose strict whistleblowing requirements on custodians, after receiving unanimously negative feedback from the industry. In CP 197, released in December 2012 ...

Cbus shifts custody from NAB to JP Morgan

JAMES FERNYHOUGH  |  TUESDAY, 19 NOV 2013
Industry super fund Cbus has confirmed that J. P. Morgan will be the fund's new custodian, after 20 years with National Australia Bank (NAB) Asset Servicing. J.P. Morgan will take over custody of Cbus' almost $25 billion funds under management in 2014. ...