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Showing 5101 - 5110 of 28259 results for "NOT"

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
... previous legislation passed in 2015 that saw the funds forced to divest thermal coal holdings "because dying industries do not qualify as financially responsible investments". It would also align the funds' investment strategies to the efforts already ...

Netwealth tops platform ratings

CHLOE WALKER  |  MONDAY, 21 FEB 2022
Investment Trends has launched its 2021 Platform Benchmarking and Competitive Analysis Report, with Netwealth receiving a near perfect score - just inching out HUB24. Assessed across more than 500 different criteria, Netwealth took the top spot in overall ...

AGL rejects Cannon-Brookes, Brookfield bid

ELIZABETH MCARTHUR  |  MONDAY, 21 FEB 2022
... partnered on the offer, offering AGL $7.50 per share. The board of AGL said the offer "materially undervalues" the company and is not in the best interests of shareholders. The proposal represented a 4.7% premium on Friday's closing price of $7.16, and ...

LifeBid bolsters team

ELIZABETH MCARTHUR  |  MONDAY, 21 FEB 2022
... advice Paul Cullen; Fortnum Private Wealth group chief executive Neil Younger and Synchron director Don Trapnell. LifeBid has not launched its technology solution to financial advisers yet, but it is accepting registrations of interest. The company aims ...

APRA takes next step on super data

JAMIE WILLIAMSON  |  FRIDAY, 18 FEB 2022
... APRA wants to begin publishing that enhanced data collection and, in a new discussion paper, has outlined what will and will not be treated as confidential. APRA proposes that most of the data collected under phase one of the project be deemed 'non-confidential' ...

ASIC consults on refreshing PDSs, FSGs

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
... new instruments without major changes. Most of the instruments will automatically repeal or cease in the next two years if not remade, ASIC said. "Under the Legislation Act 2003, legislative instruments are repealed automatically, or 'sunset' ...

Private debt and YFYS: Research

ELIZABETH MCARTHUR  |  FRIDAY, 18 FEB 2022
... illiquidity and complexity premia that can be captured in private debt, along with exposure to the B/BB credit universe, which is not large and liquid in Australia, means that private debt should over a longer time horizon outperform the bond index ...

Magellan promises better investment performance

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
... Kirsten Morton assured investors that the "financial health of the business is very strong" and that the fund manager is "not reliant on a single client". This is despite grappling with a plunging share price after former client St. James's Place ...

Aware Super advice arm to pay $20m fine

CHLOE WALKER  |  FRIDAY, 18 FEB 2022
... been paid. "Aware FS charged fees to tens of thousands of customers for financial services it had grounds to believe it would not be able to provide," ASIC deputy chair Sarah Court said. "As a result, over $50 million in fees was charged to customers ...

Sudden departure for CountPlus chief

KARREN VERGARA  |  THURSDAY, 17 FEB 2022
... managing director," chair Ray Kellerman said at the time. Announcing the leadership change to the ASX this morning, Kellerman did not provide details behind the departure, only that Rowe has agreed "to assist with an orderly handover before his employment ...