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Showing 841 - 850 of 7857 results for "Board"

GQG builds private markets unit on PAC stakes

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... extension. It will pay GQG an investment management fee of 0.75%. Greenwood will act as portfolio manager while the PAC board will continue to consider and approve all major portfolio and company actions. "The externalisation together with a restructure ...

Ontario Teachers' massively underperforms benchmark

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024
Ontario Teachers' Pension Plan Board reported a meagre 1.9% net return for 2023, falling short of its 8.7% benchmark, translating to a $15.8 billion negative value add. This contrasted with a modest 4% return in 2022, which surpassed its benchmark ...

Sexism in the City: UK financial sector slammed

JAMIE WILLIAMSON  |  WEDNESDAY, 13 MAR 2024
The "shocking" prevalence of sexism and misogyny in the UK's financial services sector has led a government committee to recommend a raft of reforms. On International Women's Day, the UK government's Treasury Committee released Sexism in ...

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
Philip Lowe announced his first move since leaving the Reserve Bank of Australia (RBA), joining the board of listed investment company Future Generation Australia (ASX: FGX). Lowe takes over from Mike Baird effective today, who will remain on the FGX ...

MetLife chair Geoff Brunsdon retires after 13 years

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
MetLife Australia has a new chair, while the former chief executive of an industry super fund is also joining the board. MetLife Australia announced the retirement of MetLife Insurance Limited chair Geoff Brunsdon, after serving on the board for 13 ...

WAM Leaders, QV Equities to merge

ANDREW MCKEAN  |  TUESDAY, 12 MAR 2024
... assets are expected to increase by $238.8 million. WAM Leaders' chair and chief investment officer Geoff Wilson said the board of directors is confident that the Scheme of Arrangement will deliver benefits to shareholders by creating a larger capital ...

Growthpoint recruits new chief executive

ANDREW MCKEAN  |  WEDNESDAY, 6 MAR 2024
... continued asset performance improvement, expansion of its funds management operations, and maximise shareholder value. "The board conducted a comprehensive search process and believes Ross has outstanding leadership qualities and strategic capabilities ...

DomaCom chief executive John Elkovich steps down

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
Fractional property investing platform DomaCom's chief executive John Elkovich has resigned effective immediately due to personal reasons. DomaCom chair and ex-Liberal Part leader John Hewson praised Elkovich's contributions, notably his oversight of ...

Vanguard chief executive Tim Buckley to retire

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
... Buckley has announced his retirement, set for the end of 2024, after three decades at the investment manager. Vanguard's board of directors is actively searching for Buckley's successor, considering both internal and external candidates to lead ...

Perpetual profit, operating revenue lifts

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... six-month contribution, growth in corporate trust, and increased non-market wealth management revenues. Accordingly, the board has determined to pay an interim dividend of $0.65 per share, 35% franked, representing a payout ratio of 75% of UPAT. Perpetual ...