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Showing 3921 - 3930 of 20552 results for "BEN"

BlackRock reinforces commitment to ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JAN 2021
BlackRock will push companies to disclose plans for their transition to a net-zero carbon economy, chief executive Larry Fink stated in his annual letter to company leaders. Fink's annual letter to chief executives sets the engagement agenda for the ...

Future Fund increases cash again

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
The $171 billion sovereign wealth fund increased its cash position to 19.8% or about $34 billion, as it reports a positive year for returns ending December. Future Fund returned 1.7% in the year after positive returns in the September and December quarters ...

Charity LIC chief executive to depart

KANIKA SOOD  |  WEDNESDAY, 27 JAN 2021
Future Generation companies' chief executive Louise Walsh will leave after six years and look for new role. Walsh will step down from the role in April. Wilson Asset Management chief executive Kate Thorley, who is also a director at Future Generation ...

ASI appoints new APAC chief

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
Aberdeen Standard Investments (ASI) has announced a new chief executive to lead the Asia Pacific region. Rene Buehlmann has been named chief executive of APAC, effective 1 March 2021. Buehlmann will succeed Hugh Young, who is taking on a new role as ...

Stonehorn Global Partners names investor head

ANNABELLE DICKSON  |  WEDNESDAY, 27 JAN 2021
The Schwartz family office-backed firm has appointed a head of investor relations (ex-Australia) and partner as it expands into Europe. Maria Llanes will be based in Switzerland and joins from distribution firm Tiffons Global Partners where she was ...

Chief economist update: Prepare for lift off

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2021
In its latest World Economic Outlook (WEO), the International Monetary Fund (IMF) has predicted a shallower contraction in world output for the year ended 2020 - minus 3.5%, down from the October forecast of a 4.4% contraction and the 4.9% decline it ...

Clime consolidates SMAs

ANNABELLE DICKSON  |  MONDAY, 25 JAN 2021
Clime Investment Management has streamlined its operations by consolidating and replacing a number of separately managed accounts (SMAs) after its acquisition of Madison Financial Group. The investment manager initiated its Project Streamline by consolidating ...

Chief economist update: Virus now, inflation later

BENJAMIN ONG  |  MONDAY, 25 JAN 2021
The inauguration of Joe Biden as the US's 46th president and his almost immediate buckling down to work garnered much of the media's attention last week. Hours after he was sworn in, Biden signed 17 executive orders, memorandums and proclamations ...

Perpetual reports $2.7bn in net outflows

KANIKA SOOD  |  FRIDAY, 22 JAN 2021
Perpetual's strategies saw $2.7 billion in net outflows in the December quarter, taking its total assets to $89.2 billion. The outflows were primarily from the institutional channel at $2.6 billion, while about $700 million came out of the intermediary ...

Hostplus called out on climate change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
The $50 billion industry super fund Hostplus is the latest fund to be the subject of a campaign from Market Forces, demanding it divest fossil fuels and develop a climate action plan. Activist group Market Forces recently had success lobbying UniSuper ...