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Showing 871 - 880 of 3962 results for "Whether"

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... said. He quizzed Stewart on the average Aware Super member balance, after finding out that it was around $130,000 he asked whether she thought it was appropriate to pay her chief investment officer "four times that" in bonus alone. "I think our members ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... ensure the fund was not in breach of the Spam Act. The New Daily is owned by Industry Super Holdings. Wilson asked Silk whether investing in The New Daily was in the best interests of members, but Silk pointed out that AustralianSuper does not invest ...

Fund managers failing value assessments: FCA

KARREN VERGARA  |  THURSDAY, 8 JUL 2021
... investors. Such managers assessed their fund performance by comparing it with their stated objective, irrespective of whether this objective reflected how the fund was managed and what the fees suggested the manager should be trying to achieve, the regulator ...

ASIC review of ESG products underway

JAMIE WILLIAMSON  |  THURSDAY, 8 JUL 2021
The corporate regulator has confirmed it is undertaking a review of ESG funds, analysing whether they're as 'green' as they claim to be. Writing on the aims of the review, ASIC commissioner Cathie Armour said there is growing anxiety as to the risks ...

Class to dump MDA investment

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
... profit growth in FY22 and beyond." The conversion/redemption period ends on 31 August 2021 with Class currently reviewing whether to convert or redeem the note. Class' investment in Philo Capital currently stands at $3.4 million including capitalised ...

QSuper, IFM bid for Sydney Airport

ANNABELLE DICKSON  |  MONDAY, 5 JUL 2021
... the Sydney Airport board said in a statement. "The boards are undertaking detailed analysis of, amongst other things, whether the proposal is reflective of the underlying value of the airport given its long-term remaining concession and the expected ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... this week (July 6). Recall that at its meeting in May, it announced that: "At its July meeting, the Board will consider whether to retain the April 2024 bond as the target bond for the 3-year yield target or to shift to the next maturity, the November ...

ASIC looks to tighten crypto ETP oversight

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... further expectations around how products of this nature would meet Design and Distribution Obligations (DDO) but has asked whether there is a need for clarification. Further, the regulator used the consultation paper as means to warn LICs and LITs of ...

Regulators urge wider DDO adoption

JAMIE WILLIAMSON  |  WEDNESDAY, 30 JUN 2021
... particularly true where products share key features, such as insurance. According to the notes, there is also confusion around whether the requirements apply to clearing houses. ASIC confirmed clearing houses are caught by the DDOs, but said it welcomes ...

Virtual company meetings to stay

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
... that companies can hold hybrid meetings; that members must be given a reasonable opportunity to participate in meetings whether the meeting is physical, hybrid or virtual; and ensure show-of-hands is the default method for voting despite the meeting ...