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Showing 351 - 360 of 1114 results for "MIT"

AMP Capital severs ties with global equities unit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
AMP Capital will offload its $653 million global equities capability to a Canadian fund manager for an undisclosed figure. Montreal-based Fiera Capital has agreed to acquire the four-year-old strategy available to investors in the UK, via a UCITS platform ...

CFOs gain clout in ESG metrics

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
Many companies are housing the ultimate responsibility for ESG with their chief financial officers, says a new report from Accenture. Accenture interviewed about 1517 finance leaders including chief financial officers from around the globe for the seventh ...

First Sentier funds appoint new RE

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
First Sentier has shed its responsible entity relationship with Colonial First State, naming a new RE for 13 of its funds. Perpetual's Trust Company will act as the responsible entity for the 13 funds. The change comes after shareholder vote and retires ...

Aussie dividends slump 40%

KARREN VERGARA  |  MONDAY, 22 FEB 2021
Three-in-five Australian publicly listed companies have either cut or withheld their dividends during 2020 as a result of COVID-19, a global dividend index shows. Between April and December 2020, Aussie firms either cut or cancelled dividend payments ...

Australia sweeps pension market rankings

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Australia is the most successful pension system among developed countries, according to Wills Towers Watson. The firm's Thinking Ahead Institute 2021 Global Pension Assets Study said Australia's thriving pension system boasts an 11.3% per annum ...

Northern Trust boosts whole office strategy

ANNABELLE DICKSON  |  TUESDAY, 9 FEB 2021
Northern Trust has partnered with a multi-asset class investment management platform to streamline its front-to-back office operations offering for asset managers. The alliance will integrate IHS Markit's thinkFolio with Northern Trust's middle office ...

Investors unprepared for unexpected events: Study

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
Over 70% of companies are not prepared to detect unexpected events like COVID-19, according to a survey of over 400 global risk and compliance decision makers. The study by Dataminr found that only 29% of firms felt confident they have the technology ...

Magnolia Capital takeover saga continues

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
Magnolia Capital has expressed doubts about the solvency of The Agency Group as the saga over its takeover bid continues. Magnolia said it has accepted the findings of the Takeovers Panel but continues to have concerns about the solvency of The Agency ...

Your Future, Your Super on APRA to-do list

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
The government's Your Future, Your Super reforms is one of the prudential regulator's priorities for 2021. The controversial superannuation reforms have been listed as a key policy priority for APRA this year as it prepares to support the reforms' implementation. ...

Does financial services have a problem with women?

ELIZABETH MCARTHUR  |  TUESDAY, 19 JAN 2021
A wrongful dismissal case brought by a former IOOF employee detailing sexual harassment and gender discrimination among colleagues has once again shone an unwanted spotlight on the financial services industry, calling into question the sector's ...