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Showing 41 - 50 of 161 results for "Shell"

IFM Investors named in class action

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... Dickerson as the lead plaintiff. Along with IFM, CDPQ Colonial Partners, KKR-Keats Pipeline Investors, Koch Capital Investments, Shell Midstream Operating were also named as defendants - with the entities collectively doing business as the Colonial Pipeline ...

Jobs to go at AMP Australia

ELIZABETH MCARTHUR  |  MONDAY, 31 MAY 2021
With the leadership of AMP Australia's new chief executive Scott Hartley, the business will undertake a restructure which is likely to cost jobs. The Sydney Morning Herald reported that a source claimed 20% of all AMP Australia staff would be made redundant. ...

LGIAsuper reveals post-merger executive, board lineup

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
LGIAsuper, which is set to finalise its merger with Energy Super next month, has unveiled its new-look leadership team. In an update on the progression of the merger, after already announcing Kate Farrar as chief executive of the merged fund, LGIAsuper ...

Equip, Catholic appoint acting CIO

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
Togethr Trustees has named an acting chief investment officer, as it looks for a permanent replacement for Anna Shelley, who is leaving for AMP Australia. Effective July 1, Darren Rosario will act in the role. Rosario is currently the head of portfolio ...

AMP Australia announces new leadership team

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
AMP Australia chief executive Scott Hartley has announced a new leadership team and an updated operating model. Hartley will have seven direct reports. This includes three external hires, including a new managing director advice, a chief investment ...

Regulator frets over SPAC boom

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
... looking carefully at filings and disclosures by SPACs and the private companies they seek to buy up. SPACs are essentially shell companies with no operations, which offer securities for cash through a conventional underwriting to fund a future acquisition ...

Quasi-mergers in APRA's sights

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... express concerns over the "quasi-merger" between Maritime Super and Hostplus where the former will "effectively become a shell company" overseen by the Hostplus trustee board. "The idea of mergers is to create economies of scale and to reduce costs but ...

UK pension fund fossil fuel investments laid bare

JAMIE WILLIAMSON  |  THURSDAY, 25 FEB 2021
... holdings, 1% is in coal and 2% in oil and gas. Just 10 companies account for 70% of these investments, with BP, Royal Dutch Shell and BHP accounting for 40% of all direct investments. "Declaring a climate emergency may garner good headlines but too often ...

Tax fraud goes from paradise to prison

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... liabilities. The scheme was established in a way so that companies would transfer all assets to its previous controllers leaving a shell company unable to pay tax debts. Once the assets were stripped, new directors and shareholders were put in before ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
... restructuring we are undertaking at the moment, including evaluating putting two of our business credit investments into a listed shell we are in communication with." There are approximately 181 wholesale investors in the IPO Wealth Fund who are currently ...