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Showing 31 - 40 of 309 results for "ACS"

HSBC committed to local custody arm despite rapid decline in assets

JAMIE WILLIAMSON  |  TUESDAY, 22 AUG 2023
Despite its local assets under custody and administration plummeting by more than 60% in the past six months, HSBC is adamant it's not going anywhere. The most recent statistics to come out of the Australian Custodial Services Association (ACSA) show ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
Santos has admitted that its retired offshore oil and gas field Legendre has been leaking gas for a decade, throwing into doubt investor abilities to meet net zero plans. Methane gas - a greenhouse gas 25 times more powerful than carbon dioxide - has ...

Assets under custody stagnant: Data

CASSANDRA BALDINI  |  FRIDAY, 10 FEB 2023
Total assets under custody in Australia have seen marginal growth in the six months to December end, however they've barely budged since last year. The latest data from the Australian Custodial Services Association (ACSA) showed total assets under custody ...

Salary inflation becoming S issue for ESG managers

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
With wage inflation expected to persist into 2023, managing wage increases, employee satisfaction and other measures to attract and retain talent are issues on the agenda for ESG engagement this year. According to the latest data available from the ...

What you read in 2022

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
Amid a year of economic turbulence and soaring inflation, Financial Standard's most read stories reveal attention was once again focused on the evolving superannuation sector. The worst performing super products and funds underscore the majority ...

CareSuper chair elected deputy president of ACSI

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
CareSuper chair Linda Scott has been elected as the Australian Council of Superannuation Investors (ASCI) deputy president. Scott said she's looking forward to making a strong contribution to support ASCI's excellent ESG leadership. ASCI said ...

Cbus appoints head of responsible investment

JAMIE WILLIAMSON  |  TUESDAY, 13 SEP 2022
The $73 billion industry fund has promoted from within and added the role to its investment leadership team. Ros McKay has been appointed to the new role, following more than four years in the previous position. She will be responsible for the evolution ...

UniSuper appoints ESG manager

ANDREW MCKEAN  |  THURSDAY, 8 SEP 2022
UniSuper has appointed Jodie Barns as ESG manager. Barns will be responsible for qualifying and quantifying ESG considerations in investments and operations, to inform decisions taken in investments. Barns joins the fund from the Australian Council ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
Five MySuper products have failed the second annual MySuper performance test, with four of them failing for a second time. The product that failed this year's performance test for the first time is Westpac Group Plan MySuper. Westpac must now identify ...

Assets under custody take a hit: ACSA

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
Total assets under custody in Australia dropped by more than 8% in the six months to June end, with some custodians seeing declines of more than 10%. The latest data from the Australian Custodial Services Association shows total assets under custody ...