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Showing 6461 - 6470 of 7876 results for "Board"

CalPERS takes legal action against state furloughs

COMPANY RELEASE  |  FRIDAY, 21 AUG 2009
... California Public Employees' Retirement System filed legal action in the Superior Court in San Francisco yesterday. CalPERS board president Rob Feckner, noting that the savings created from the CalPERS furloughs do not accrue to the General Fund of the ...

Future Fund offloads Telstra shares

COMPANY RELEASE  |  FRIDAY, 21 AUG 2009
... billion) through an underwritten sale to the investors. According to a media statement, the sell-down is in line with the board's previously stated plan to reduce the portfolio's holding in Telstra in an orderly manner over the medium term and to build ...

Premium shareholders approve program

COMPANY RELEASE  |  THURSDAY, 20 AUG 2009
Premium Investors' shareholders have voted in favour of the board's proposed capital management program. Shareholders voted on three resolutions at a general meeting yesterday. The first resolution included an immediate off-market equal access buy-back ...

Van Eyk resigns as executive chair

MICHAEL HOBBS  |  WEDNESDAY, 19 AUG 2009
... tactical investment research and other research streams. Melissa Randall was also promoted to head of asset consulting. The board appointment last month also included two new non-executive directors including co-founder of Coin Software, Darren Pettiona ...

AXA maintains 2012 planner recruitment target

RUTH LIEW  |  TUESDAY, 18 AUG 2009
... the last 12 months. The group, which managed $5.6 billion in funds under advice at the end of June, is aiming to bring on board a further 40 advisers by next year, although a more concrete target is to secure a total of 550 advisers working for AXA Financial ...

AMP Capital Investors block poor corp governance

MICHELLE BALTAZAR  |  FRIDAY, 14 AUG 2009
... rights to vote against poor governance - including saying no to unjustified incentive schemes, re-election of poor performing board directors and poorly-structured fund raising. AMP Capital's proxy voting report in the half year to June 30 helps illustrate ...

Market Wrap - Midday

AAP  |  FRIDAY, 14 AUG 2009
... countries have give up the ghost of recession now," he said. "It just keeps going up: another 1.5 per cent almost across the board." Construction company Leighton Holdings' shares soared after it announced a 28 per cent fall in annual net profit but ...

Members vote for Lifeplan/Aus Unity merger

COMPANY RELEASE  |  FRIDAY, 14 AUG 2009
... savings plan business, which will be based in Adelaide. Lifeplan chairman John Butler, who will join the Australian Unity board, said the board appreciated the support Lifeplan members gave to the merger proposal. "We believe that this is an excellent ...

UniSuper seeks head of property

RUTH LIEW  |  FRIDAY, 14 AUG 2009
The $22 billion industry fund UniSuper is looking to hire a new head of property. UniSuper, the industry fund for Australia's higher education and research sector, is looking for a head of property to manage the fund's $2.2 billion property portfolio. ...

ADB pours $240m to worst hit nations

COMPANY RELEASE  |  THURSDAY, 13 AUG 2009
... employment, export and trading activities between Armenia, Georgia, Tajikistan and its neighbours, including China. ADB's board of directors has approved two program loans of $96 million respectively to both Armenia and Georgia, along with a program ...