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Showing 61 - 70 of 470 results for "Voting"

State Street on how it will vote

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
... proxy letter to portfolio companies, putting ASX-listed companies on notice. The letter advises companies on SSGA's voting priorities and intentions. As expected, the investment giant is focussed on the biggest ESG issues. In Australia, it is prioritising ...

Consultation opens for CCIV draft bill

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... Investment Vehicle Framework) Regulations 2021. The bill also sets out arrangements for cross-investment within CCIVs, voting processes and restrictions on circular investment, as well as and other rules for managing share capital. The regime aims to ...

Proxy advice reforms force transparency, AFS licensing

KARREN VERGARA  |  MONDAY, 20 DEC 2021
... Treasurer Josh Frydenberg announced reforms to proxy advice which includes forcing superannuation funds to disclose detailed voting records. Super funds exercising voting rights on behalf of their members will need to be more transparent with their votes ...

Takeovers Panel weighs in on WAM takeover

KARREN VERGARA  |  THURSDAY, 9 DEC 2021
... made an offer to acquire PAF. This was subsequently announced to the market on September 15. Also on this date, PGF had voting powers of 19.96%, while Moore had 8.51%, but were not disclosed in PGF's prospectus. Moore then acquired additional PAF ...

Robeco launches new sustainable index fund

ELIZABETH MCARTHUR  |  MONDAY, 6 DEC 2021
... maintaining the ability to provide alpha in developed markets. The strategy uses a values-based exclusion list and includes voting and engagement, which will be carried out by Robeco's Active Ownership team. "With increasing demand for sustainable investing ...

Government fails to prioritise $450 threshold

ELIZABETH MCARTHUR  |  FRIDAY, 3 DEC 2021
... years ago has been dropped from a very light legislative program." Women in Super is calling on the government to commit to voting on the legislation in February. With a federal election due next year, there are fears the government could wait until ...

Next Macquarie chair announced

CHLOE WALKER  |  THURSDAY, 2 DEC 2021
... Macquarie Group and Macquarie Bank following the retirement of Peter Warne. Stevens' appointment and Warne's retirement as a voting director on both boards will be effective in May 2022, following the 2022 full year results announcement. Diane Grady ...

Super funds don't vote together: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 23 SEP 2021
... chief executive Louise Davidson answered Liberal MP Tim Wilson's questions on common ownership. As ACSI provides proxy voting services and research to its super fund members, Wilson wanted to understand whether funds wield too much influence over ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... funds and fund managers play in this area, found that ASIC's role has been minimal. In discussing the issue of proxy voting and the approaches super funds take, ASIC commissioner Danielle Press said each trustee will have different ways of voting ...

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
... matters, new research shows. According to the Australasian Centre for Corporate Responsibility (ACCR), which analysed the voting records of the nation's 50 largest superannuation funds, found only 22 fund published their voting records. Industry ...