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Showing 711 - 720 of 3030 results for "EIG"

Magellan axes currency hedging in trust

ANNABELLE DICKSON  |  THURSDAY, 26 NOV 2020
A Magellan trust has removed its currency hedging strategy to reduce the downside risk to the portfolio when equity markets and the value of the Australian dollar are both declining. Magellan High Conviction Trust will move to an unhedged approach to ...

Milford makes key appointments

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
Trans-Tasman fund manager Milford Asset Management has grown its team with two key appointments. Marissa Rossi has been appointed head of sustainable investments and Jason Kururangi has been appointed senior analyst in the Australian equities team. ...

Why has ASIC still not got a chief executive?

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
ASIC senior staff including James Shipton resisted moving to a stronger internal governance structure, its acting chair Karen Chester has told the ASIC expenses enquiry. Liberal senator James Patterson, who is chairing the enquiry into ASIC expenses ...

AustralianSuper net-zero promise flawed: MarketForces

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
AustralianSuper's promise to go net-zero in carbon emissions by 2050 fails to "match, let alone improve on" what its peer funds are doing, says MarketForces. Last Thursday, AustralianSuper said it would target net-zero carbon emissions by 2050 to ...

Former HESTA chair joins Assemble

ELIZA BAVIN  |  TUESDAY, 17 NOV 2020
Build-to-rent developer Assemble announced a newly formed board with a former HESTA chair appointed as independent chair. Two AustralianSuper executives have also joined the board. Angela Emslie will take on the role with the new-look board also comprising ...

Channel Capital in management buyout

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
The Sydney multi-boutique is bidding farewell to its minority equity partner Highbury Partnership, as it enlists a new passive investor to bring ownership back to the management. Highbury invested about $15 million in Channel Capital in 2017 when the ...

AFA rejigs board

ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
The Association of Financial Advisers (AFA) has made a number of appointments to its board and promoted its vice president to replace its longstanding national president. Michael Nowak has been vice president for the past two terms and will replace ...

CFS Investments chair to retire

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
The chair of Commonwealth Bank's Colonial First State Investments and Avanteos Investments will retire at the end of year. Anne Ward will finish up her eight-year term as non-executive director and chair at the end of December 2020. The group is ...

Sydney multi-boutique hires from Perpetual

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
Channel Capital has hired from Perpetual to add in-house legal capability. Greg Wong has joined Channel as its general counsel. He will have oversight of legal and regulatory matters across the Channel group, supporting the strategic direction of the ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
The government's new Your Future, Your Super investment performance benchmarking is flawed and will have unintended consequences, according to Rice Warner. Rice Warner said the proposed package to implement some of the recommendations by the Productivity ...