Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 365 results for "divestment"

Climate calling

DARREN SNYDER  |  MONDAY, 9 JAN 2017
... trying to accomplish. "If you're trying to accomplish alignment with the beliefs and values of your organisation, then divestment may be a very good strategy for you. If you're primary objective is to deliver the best risk-adjusted returns for your members ...

US pension fund extends tobacco divestment

DARREN SNYDER  |  WEDNESDAY, 21 DEC 2016
... review of all of our active investment restrictions to ensure that they remain appropriate." "There is no doubt that divestment as an investment strategy presents challenges. However, after careful consideration of all the benefits and risks, the committee ...

Responsible investment plagues super funds

DARREN SNYDER  |  THURSDAY, 24 NOV 2016
... better aligning with the expectations of members and beneficiaries." Much of the public discussion remains focused on divestment and the research found that exclusions are ever more frequently used - with a third of funds (17 funds) having in place 'whole ...

NAB Wealth reports solid growth

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
... annual report. Overall, the bank recorded a net profit of just $352 million, down 94.4% year on year, as a result of its divestment from CYBG and Nippon Life's purchase of 80% of MLC Life. However, cash earnings rose 4.2% to $6.48 billion. Despite recent ...

Clydesdale in talks to acquire RBS subsidiary

ALEX BURKE  |  WEDNESDAY, 26 OCT 2016
... refers to parts of RBS and National Westminster Bank, comprising 307 branches, which must be divested by end-2017. The divestment agreement came about following Her Majesty's Government taking an 84% stake in RBS Group in 2008; this was considered state ...

NZ Super tackles climate change

DARREN SNYDER  |  THURSDAY, 20 OCT 2016
... achieved through ongoing engagement with companies, building carbon measures into the investment model, and targeted divestment of high-risk companies as well as a reduction of other relevant portfolio exposures. NZ Super Fund chief executive Adrian ...

NAB and Nippon Life complete sale

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
A $2.4 billion sale of National Australia Bank's life insurance business to Nippon Life was finalised yesterday. Following the sale NAB said its MLC Life Insurance business would see changes to the board of parent entity, MLC Limited. Joining the MLC ...

Super funds seeking low carbon mandates

DARREN SNYDER  |  WEDNESDAY, 7 SEP 2016

Prime continues to grow

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2016
Prime Financial Group has reported a 20% boost in profits after tax compared to last financial year, totaling $3.23 million. Prime also saw a 13% increase in new business revenue, growing from $2.32 million to $2.62 million, and largely driven by the ...

Munich Re pursues divestment from insurance

KERRIE SYDEE  |  THURSDAY, 16 JUN 2016
... that the capabilities of GLA might be better realised with a change in ownership. "Therefore, Munich Re will pursue a divestment of its primary insurance arm in Australia and New Zealand. GLA currently has a gross written premium of around $500 million." ...