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Showing 3331 - 3340 of 7871 results for "Board"

GAM to liquidate bond funds

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
GAM Investments will liquidate its suite of absolute return bond funds following the suspension of its head of absolute return strategies. Last week GAM announced it had suspended investment director Tim Haywood for risk management and record keeping ...

Indigenous Australians face super challenges: Royal Commission

HARRISON WORLEY  |  MONDAY, 13 AUG 2018
... benefit of their retirement savings. Appearing in the witness box this morning, head of technical advice for the QSuper board Lyn Melcer outlined the actions the profit-for-member fund took to reunite indigenous Australians with the superannuation system. ...

Macquarie acquires Investa Office Fund stake

JAMIE WILLIAMSON  |  MONDAY, 13 AUG 2018
... to pursue Blackstone's offer. The Investa Commercial Property Fund has not yet decided which way it will vote, though the board of Investa Listed Funds Management is seeking further advice as to whether the fund can vote. Investa said determining whether ...

Failed industry fund merger laid bare at Royal Commission

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
Energy Super backed down on its plan to merge with the now $14 billion Equipsuper, who wanted no union-nominated board seats for the merged fund, even though the merger would have delivered significant financial benefit to Energy Super's members, the ...

IOOF executives dismiss conflicts of interest

KARREN VERGARA  |  FRIDAY, 10 AUG 2018
IOOF left some superannuation members in expensive legacy products despite board members recognising conflicts of interest existed in choosing to boost revenues over meeting "community expectations." The financial services Royal Commission continued ...

Funds SA appoints chair, director

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
The $30 billion public fund manager has chosen a former UniSuper head of public markets to chair its board, while another investment veteran is joining the board as a director. Both spots opened up when former South Australia Deputy Premier and Treasurer ...

We have won the battle, not the war: AustralianSuper CEO

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
... afternoon session on the fourth day of the Royal Commission's investigation into superannuation. Silk, who sits on the board of Industry Super Australia (ISA) - the lobby group behind the campaign, said the Fox in the Henhouse advertisement was intended ...

Philanthropists should reimagine data management: Research

KARREN VERGARA  |  THURSDAY, 9 AUG 2018
... organisation's activities. Interestingly, employees are more likely to claim social media is critical for advocacy than board members, although all participants recognised the importance of a social media presence. Forty-three per cent of NFP board ...

MLC MySuper investment budget was tight-fisted: Royal Commission

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... was performing in the bottom quarter of peer MySuper products, returning about 1.9% in 2016. Yet the management and the board had been failing to work together to set aside a budget for the investment team to invest in unlisted growth assets, which during ...

AMP profits nosedive, new board director announced

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... earnings of $ 78 million. At the same time, AMP announced former Treasury Secretary John Fraser would be joining AMP Limited's board as a non-executive director. Fraser was UBS Global Asset Management's chairman and chief executive for more than a decade ...