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Showing 51 - 60 of 214 results for "Basel"

HESTA managers improve on gender diversity

KANIKA SOOD  |  TUESDAY, 15 JUN 2021
According to HESTA, diversity at its external managers shows women's representation improved in the last two years but remains a long way from parity. HESTA surveyed 70 of its external managers in December 2017 and then again in December 2019 before ...

Regulator frets over SPAC boom

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
The US financial markets regulator has confirmed it has concerns around the rapid growth of Special Purpose Acquisition Companies (SPACs). US Securities and Exchange Commission acting director for the division of corporate finance John Coates said there ...

Mercer joins net-zero club

ELIZA BAVIN  |  WEDNESDAY, 3 MAR 2021
Mercer Australia has committed to achieve net-zero carbon emissions by 2050 for its Australian funds and the Mercer-managed investment options within Mercer Super. This represents a combined $36.4 billion in assets under management as at 31 December ...

Super must prioritise cybersecurity risk: Report

KARREN VERGARA  |  MONDAY, 8 FEB 2021
The superannuation industry is not prioritising the threat of cybersecurity risk and lacks the systems and understanding to address such challenges, according to a new report. The survey conducted by The Gateway Network Governance Body (GNGB) and PwC ...

Chief economist update: Prepare for lift off

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2021
In its latest World Economic Outlook (WEO), the International Monetary Fund (IMF) has predicted a shallower contraction in world output for the year ended 2020 - minus 3.5%, down from the October forecast of a 4.4% contraction and the 4.9% decline it ...

BNP Paribas to offer initial margin services

KANIKA SOOD  |  THURSDAY, 14 JAN 2021
... bilateral transactions were negotiated on a case-by-case basis without prescriptive regulation. However, this changed in 2016 as Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) set guidelines ...

Aware Super cuts carbon emissions by 40%

ELIZABETH MCARTHUR  |  THURSDAY, 26 NOV 2020
Australia's second largest super fund has managed to reduce the carbon footprint of its equities portfolio by 40%. The $130 billion industry fund (formerly First State Super) has created a series of new listed equities benchmarks that will support the ...

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
The Australian dollar is back! Back above the US$0.73 level that is. The Australian currency rose to around this level back in late-August/early-September after the US Federal Reserve announced a shift into a lower for longer strategy - suggesting that ...

Mercer launches climate-transition tool

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
Mercer has launched an analytics tool that helps institutional investors assess which companies are committed to combating climate change and want to adapt to a net-zero economy. Analytics for Climate Transition (ACT) assesses companies' commitment ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
It won't be long now till we again hear "balcony concertos" - the ones started in Italy back in March this year (and gone viral on cyberspace) when the government imposed a hard lockdown to contain the coronavirus pandemic - for infections in Europe ...