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Showing 3821 - 3830 of 19586 results for "RIS"

JANA hires legal expert from industry fund

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
Investment consulting firm JANA appointed a legal expert to lead its risk and compliance division. Lindy Hunt was hired as head of legal, risk and compliance last December, joining from Club Plus Super where she spent the last seven years of her career. ...

E&P pulls the plug on DASS

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
Amid a slew of class actions and regulatory problems, the troubled superannuation subsidiary of E&P Financial Group is now in voluntary administration. PwC has been called in as voluntary administrators of Dixon Advisory and Superannuation Services ...

Federal Court imposes $4m penalty on industry fund

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
The Federal Court has imposed combined penalties of $4 million on Statewide Super for providing members with misleading information regarding their insurance and failing to report the issue to ASIC in the time required. Between 2017 and 2020, Statewide ...

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
In a public statement this week, the Australian Securities and Investment Commission ( ASIC) has issued a warning urging self-managed super funds (SMSFs) to consider the risks of cryptocurrency investments. The corporate regulator said that it had noticed ...

Investors dig deeper for alternative assets

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
The hunt for yield has prompted investors to turn to new asset classes within the alternatives sector, according to Preqin. Disappointing returns from traditional assets such as office, retail and industrial have also forced investors to look to other ...

Credit Suisse chair resigns

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
Credit Suisse's chair has resigned less than a year into the role amid reports he breached several COVID-19 quarantine rules. The Swiss bank announced overnight that Axel P. Lehmann has taken over as chair effective immediately, following an investigation ...

Water, water everywhere but nothing to drink

BENJAMIN ONG  |  TUESDAY, 18 JAN 2022
Another two covid years over, a new one's just begun. Although still not proved beyond the shadow of a doubt, since the first bat flapped its covid wings in Wuhan (China), it has gone through several mutations - most notably, Alpha, Delta and now Omicron ...

Pendal appoints new chair

KARREN VERGARA  |  MONDAY, 17 JAN 2022
Pendal Group has appointed a new chair in Deborah Page. Effective today, Page takes over the role of chair from James Evans, who was appointed in 2013. Evans joined the ASX-listed company's board in 2010, helping oversee funds under management grow ...

YFYS could dampen ESG adoption: Research

KARREN VERGARA  |  MONDAY, 17 JAN 2022
The Your Future, Your Super reforms could potentially threaten the adoption of sustainable investing strategies, new research from Parametric shows. Parametric's analysis focused on super fund portfolio tracking error, which is a key driver of YFYS ...

State Street on how it will vote

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
The US $3.5 trillion asset manager State Street Global Advisors has released its annual proxy letter to portfolio companies, putting ASX-listed companies on notice. The letter advises companies on SSGA's voting priorities and intentions. As expected ...