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Showing 21 - 30 of 79 results for "Proxy voting"

Proxy advice reforms force transparency, AFS licensing

KARREN VERGARA  |  MONDAY, 20 DEC 2021
... FSC's standards. "Superannuation funds manage almost $3.5 trillion on behalf of Australians, so it is critical that proxy voting arrangements are transparent so consumers can be confident that trustees and fund managers are exercising their voting ...

Super funds don't vote together: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
... chief executive Louise Davidson answered Liberal MP Tim Wilson's questions on common ownership. As ACSI provides proxy voting services and research to its super fund members, Wilson wanted to understand whether funds wield too much influence over ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... funds and fund managers play in this area, found that ASIC's role has been minimal. In discussing the issue of proxy voting and the approaches super funds take, ASIC commissioner Danielle Press said each trustee will have different ways of voting ...

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
... proposals between this period. However, the vast majority of funds continue "to pay lip service to ESG when it comes to proxy voting", he said. "Incidentally, the best performing funds (according to APRA) tend to have better disclosure and are more supportive ...

Aussies regret ERS withdrawals: AIST poll

KANIKA SOOD  |  TUESDAY, 18 MAY 2021
... superannuation: the increase of the superannuation guarantee to 12%, the gender super gap, Treasury's proposed changes to proxy voting, and the Your Future, Your Super reforms' "ministerial powers" to ban investments. She noted that while SG ...

Proxy advisers under scrutiny

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... much more transparent on how and why they vote on matters put to shareholders. The government is proposing to reform proxy voting by requiring superannuation funds to disclose more detailed information related to voting policies and/or by requiring proxy ...

Buffett doesn't want to report on diversity, climate

KANIKA SOOD  |  TUESDAY, 16 MAR 2021
... its climate-related risks and diversity metrics. Berkshire Hathaway Inc's annual meeting is scheduled for May 1. Proxy voting directions filed with the Securities and Exchange Committee yesterday show two shareholder proposals demanding climate-related ...

JPMAM hires ESG expert

KARREN VERGARA  |  TUESDAY, 19 JAN 2021
... His responsibilities include overseeing the firm's regional stewardship approach by leading corporate engagement, proxy voting and stewardship reporting. Lam came from CCB International Securities, a Hong-Kong-based equity research firm. At CCB, he served ...

Lack of diversity major business risk: SSGA

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021
... Taraporevala has issued his annual letter to boards of major global listed companies, outlining the fund manager's proxy voting agenda for 2021, and the fund manager's ongoing stewardship work. SSGA has identified lack of racial, ethnic, and ...

Kogan execs chase big bonuses

ELIZABETH MCARTHUR  |  FRIDAY, 20 NOV 2020
... general meeting today, chair Greg Ridder acknowledged that executive bonuses were of concern to shareholders. The proxy voting results on the package of six million options, worth approximately $90 million, for chief executive Ruslan Kogan and chief ...