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

Search Results

Showing 3411 - 3420 of 12584 results for "Company"

Fund managers lag on ESG

KANIKA SOOD  |  FRIDAY, 5 JUL 2019
... growth to income assets," it said. Magellan Financial Group (ASX: MFG) As Magellan's ESG positives, Blagg noted the company has a sustainable fund, a new LIC which included loyalty rewards for MFG shareholders in a first for the industry and 75% ...

Class expands executive line-up

HARRISON WORLEY  |  THURSDAY, 4 JUL 2019
... propositions shaping today's businesses in the fourth industrial revolution," Russell said. Russell's update also showed the company added 2461 accounts in the quarter and grew its customer base by 39. Specifically, Class Super added 1787 accounts, while ...

Bonds raise alarm at fund manager

KANIKA SOOD  |  WEDNESDAY, 3 JUL 2019
... Asset Management invested in unrated bonds issued by companies related to billionaire Lars Windhorst through his holding company Tennor Holding, including Italian lingerie maker La Perla, oil field operator Trent Petroleum Finance and French film distribution ...

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
... undisclosed markups on expenses related to the custody of client assets. In a settlement, State Street Bank and Trust Company has paid $125 million (USD88 million) after the Securities and Exchange Commission brought charges against the institution for ...

New boutique awards mandate to RBC I&TS

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2019
... She moved on to become founder and director of Melior's investment solutions in August 2018. Tim King, who was head of company and ESG research for CFS Global Asset Management's Australian equities core fund, serves as chief investment officer. The boutique ...

Whistleblowers given new protection

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
From July 1, whistleblowers who report misconduct about companies and company officers have more rights and stronger protections. The Corporations Act 2001 has been updated to better protect corporate whistleblowers by requiring their confidentiality ...

Netwealth distribution lead exits

JAMIE WILLIAMSON  |  MONDAY, 1 JUL 2019
The head of distribution at Netwealth has left the company. The ASX-listed superannuation and investment solution provider has confirmed the departure of Nick Mitchell. A Netwealth spokesperson confirmed Mitchell's resignation, citing personal reasons. ...

Modern slavery rife across sectors: Fund manager

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... salt", looking at independent staff reviews on websites such as Glassdoor for example, can offer valuable insight into a company's culture and management, and can send signals about staff engagement either improving or deteriorating. In the aftermath ...

Sovereign wealth fund revokes exclusions

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
... last 15 years, Rio Tinto among them. The fund will also now allow investment in global conglomerate Grupo Carso, defence company General Dynamics, fertiliser company Nutrien and retailers Walmart and Wal-Mart de Mexico. Rio Tinto was excluded from the ...

UK fund manager appoints local lead

HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
A $5.3 billion renewable infrastructure manager named a lead for its Australian office as it looks to launch a suite of local products. Foresight Group appointed Kim Nguyen as head of Australia, to lead the asset manager's expansion in the local ...