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Showing 621 - 630 of 3172 results for "GEO"

NGS Super chair to retire

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
After a decade in the role, Dick Shearman is retiring as chair of NGS Super. Shearman joined the NGS board in 2012 as a member representative director and became chair that same year. At the time, it had $4.4 billion and has since grown to $13 billion ...

Collimate deal nearly over the line

CHLOE WALKER  |  TUESDAY, 15 NOV 2022
Dexus and AMP have confirmed that 'significant progress' has been made towards satisfying all conditions precedent for the transaction of Collimate Capital. The regulatory approval processes associated with both sales are ongoing, with the result that ...

Magellan seeks $1m increase to director fees

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
Magellan is seeking to increase the maximum remuneration paid to all non-executive directors from $750,000 to $1.75 million. Magellan has scheduled an Extraordinary General Meeting to vote on the matter on December 14. The last time shareholders approved ...

Factor investors increase allocations: Invesco

CHLOE WALKER  |  MONDAY, 14 NOV 2022
Invesco's seventh annual Global Factor Investing Study has revealed that respondents expect factor-based strategies to outperform in an inflationary environment with slow economic growth. The study, based on interviews with 151 institutional and retail ...

Mirvac names head of funds management

CHLOE WALKER  |  FRIDAY, 11 NOV 2022
Scott Mosely will join Mirvac's executive leadership team as its new head of funds management. With over 25 years of experience in financial services, Mosely has held various leadership and senior management positions within Lendlease, most recently ...

Australia can avoid recession: Outlook

CASSANDRA BALDINI  |  WEDNESDAY, 9 NOV 2022
Australia should be able to evade a recession, despite the high inflationary environment, AMP's Shane Oliver says. Amid dire, bleak, and gloomy economic outlooks, Oliver - AMP's head of investment strategy, economics, and chief economist - said if further ...

HESTA to commit $100m to green hydrogen

JAMIE WILLIAMSON  |  WEDNESDAY, 9 NOV 2022
The industry fund is going to explore green hydrogen production, agreeing to invest up to $100 million in ReNu Energy and Countrywide Hydrogen projects. The super fund has signed a term sheet with ASX-listed ReNu Energy and its subsidiary Countrywide ...

Westpac updates on strategic priorities

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
In releasing its full-year results, Westpac has provided an update as to its simplification efforts. The banking giant said one of its main priorities is the continued simplification of its business. Portfolio simplification relating to the businesses ...

Pendal reports underlying profit up 17%

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
Pendal Group's underlying profit after tax grew 17% to $194.2 million in the 2022 financial year. Statutory net profit after tax was down 32% to $112.8 million, impacted by mark-to-market movements on seed investments. Underlying earnings per share ...

Rest revamps equities team

ELIZABETH FRY  |  FRIDAY, 4 NOV 2022
Industry superannuation fund Rest has restructured its listed assets team as it adopts a more holistic approach to investing its $66 billion in funds. As Rest continues to enhance its whole-of-fund investment style, it has realigned the team's roles ...