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Showing 281 - 290 of 6170 results for "Statement"

Chief executive misbehaviour stifles investment returns

ANDREW MCKEAN  |  THURSDAY, 23 JAN 2025
Secret affairs, sexual harassment, and systemic abuses of power by chief executives and senior leaders have the potential to erode investment returns, according to Acadian Asset Management. Events like these can shake company valuations, demonstrating ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025
... international standards, supporting our climate strategy and meeting regulatory requirements," a BMO spokesman said in a statement. A CIBC spokesperson said: "Having made significant progress alongside our clients in these areas, we are now well-positioned ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Tennessee's suit alleged BlackRock failed ...

MA Financial readies first LIT for launch

MATTHEW WAI  |  MONDAY, 20 JAN 2025
... Financial's flagship private credit strategies, MA Financial said. MA Financial has today formally lodged a product disclosure statement with the Australian Securities and Investments Commission (ASIC). Ord Minnett and MA Moelis Australia Advisory have ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... order to get a pay rise, workers should have to give up their superannuation," he said. "What sort of an outrageous statement is that to the kind of workers behind us who are saying they should have to beg for a pay rise, they should have to raid their ...

TPB welcomes stay of sanctions against disqualified agents

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
The Administrative Review Tribunal (ART) has declined to stay or suspend sanctions imposed by the Tax Practitioners Board (TPB) against disqualified tax agents in three separate cases. All three cases relate to misconduct on the part of tax agents ...

FAAA accuses government of crucial CSLR failure

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
The Financial Advice Association of Australia (FAAA) believes the government may have failed in its obligations when introducing the Compensation Scheme of Last Resort (CSLR) by skipping a key step. Following a review of documents the FAAA obtained ...

Magellan names interim chief financial officer

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... joined Magellan in November 2020 and has held the role of deputy chief financial officer since June 2022. In a brief statement, Magellan said it will continue its search for a permanent chief financial officer and will keep the market updated on progress. ...

Major climate group suspends operations

ROSE MARY PETRASS  |  TUESDAY, 14 JAN 2025
... have led to NZAM launching a review of the initiative to ensure NZAM remains fit for purpose," the initiative said in a statement. In a letter to clients last week, BlackRock said its membership "caused confusion regarding BlackRock's practices and subjected ...

Former Rugby World Cup champion joins Centuria Bass Credit

MATTHEW WAI  |  THURSDAY, 9 JAN 2025
... credible, seasoned professional join our senior ranks at a time of significant growth," Goh and Borten said in a joint statement. "David's experience across capital raising and loan management is a perfect match to assist CBC continue its growth ...