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| | | A director at the Australian Foundation Investment Company (AFIC) is retiring today after a five-year stint on the board. Retiring from the AFIC board is Jacqueline Hey, a member of the company's investment committee and nomination committee. She has ... |
| | | | ... purpose. Building on this in 2019, Fink said purpose and profits are inextricably linked. "Profits are essential if a company is to effectively serve all of its stakeholders over time - not only shareholders, but also employees, customers, and communities," ... |
| | | | Latest MSCI research shows more women joined Australian company boards in 2018. The proportion of women holding seats in Australia's boardrooms grew 2.8 percentage points last year. The proportion of female seats in Australian boardrooms now sits at ... |
| | | | ... by extension, the negative wealth from falling housing prices that ensues, triggering reduced consumer spending, lower company profits, a decline in business investment - plant, equipment and structures and staffing - as well as obtaining lower credit ... |
| | | | ... safeguard the interests of superannuation members over a long period. "As a result, we have decided to divest from the company for breaching the Australian Ethical Charter," he said. This was after "carefully" reviewing information presented as part ... |
| | | | ... continue his legacy of giving every investor 'a fair shake.'" After leading the merger of Wellington Management Company - where Bogle had worked since he was 22 - with Boston investment firm Thorndike, Doran, Paine & Lewis (TDPL) in 1967, Bogle ... |
| | | | ... has upgraded the technology, the coverage of the managed accounts, coverage of investments and user functionality, the company's head of product and marketing Matt Walker told Financial Standard. "Over the last 18 months we have been talking to our clients ... |
| | | | ... includes AustralianSuper, has finally unlocked the doors to Navitas after it upped its previously rebuffed bid to acquire the company. The Navitas board yesterday granted exclusive due diligence to the consortium, after it offered to pay $5.825 per Navitas ... |
| | | | ... billion Canadian pension investment manager PSP Investments has acquired a stake in an Australian grain and logistics company BFB. Already a major investor in Australia's agricultural sector, PSP Investments bought out private equity firm Proterra ... |
| | | | ... and listed under the ticker code SELF. It is pending regulatory ASX approval. ETF Securities Australia and its parent company ETFS Capital are backing SELF by providing $100 million in seed funding. ETF Securities Australia will act as the responsible ... |
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