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Showing 5471 - 5480 of 28263 results for "NOT"

Super funds extend poor disclosure to ESG holdings

KARREN VERGARA  |  MONDAY, 11 OCT 2021
... ESG-labelled super funds that collectively oversee $1.6 trillion or 71% of the APRA-regulated sector. "To be an ESG super fund is not as simple as just divesting away from companies in the fossil fuel sector such as coal companies and investing instead ...

Eight in 10 asset owners focused on sustainability: Survey

JAMIE WILLIAMSON  |  FRIDAY, 8 OCT 2021
... and 45% said it is the quality of or consistency of corporate reporting and disclosures. Interestingly, the study found that not allocating to sustainability-focused investments is perceived as a reputational risk, with 64% of APAC asset owners saying ...

Fiducian adds $38m FUA to network

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
... covered training, practice management, legal assistance, compliance, and technology support. It is the dealer group's policy not to disclose the names of advisers that join its network. According to Rainmaker's analysis of ASIC Financial Advisers Register ...

IOOF restructures technology division

ANNABELLE DICKSON  |  FRIDAY, 8 OCT 2021
Following the completion of the acquisition of MLC, IOOF shifted the responsibilities of technology which has led to the departure of its chief information officer. Sharam Hekmat held the position for nearly five years and was responsible for managing ...

ESG investing 2.0 emerges

KARREN VERGARA  |  THURSDAY, 7 OCT 2021
... enough to support this and there will be a need for private spending and investment," she said. "That means if you're not currently investing sustainably, you're likely going to be in the minority very shortly."

ASIC chases $12m from Mayfair

ELIZABETH MCARTHUR  |  THURSDAY, 7 OCT 2021
The regulator claims Mayfair 101 entities should have to pay approximately $12 million in fines for misleading and deceptive conduct, but Mayfair founder James Mawhinney maintains there was no wrongdoing. ASIC is seeking $12 million in penalties from ...

Employers unaware of YFYS, stapling: Study

ELIZABETH MCARTHUR  |  THURSDAY, 7 OCT 2021
... Melbourne Business School, surveyed 8355 individual fund members and 1155 employers. It found 54% of surveyed employers were not aware of the YFYS reform and stapling requirement that comes into effect on November 1. Among employers who were aware of ...

Regulation, industry to curb greenwashing

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
The funds management industry, along with policymakers, must improve classifications of sustainable funds to prevent greenwashing, according to the International Monetary Fund (IMF). The IMF's Global Financial Stability Report said that $20 trillion ...

Focus acquires sixth advice firm

KARREN VERGARA  |  WEDNESDAY, 6 OCT 2021
... providing unconflicted advice and our boutique culture," Misso said. "Leveraging Connectus' shared resources will allow us to not only devote more time to our passion, which is serving our clients, but also to accelerating the growth of our business. ...

Magellan cops $4bn drop

ANNABELLE DICKSON  |  WEDNESDAY, 6 OCT 2021
Magellan Financial Group recorded net outflows in its retail and institutional funds under management last quarter, bringing it back to June figures. The global equities strategy saw a $4 billion drop in FUM to $84 billion while infrastructure equities ...