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Showing 931 - 940 of 14064 results for "State"

Chief executive misbehaviour stifles investment returns

ANDREW MCKEAN  |  THURSDAY, 23 JAN 2025
Secret affairs, sexual harassment, and systemic abuses of power by chief executives and senior leaders have the potential to erode investment returns, according to Acadian Asset Management. Events like these can shake company valuations, demonstrating ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025
Northern Trust and two other asset managers have left Climate Action 100+ (CA100+) as four banks exit the Net Zero Banking Alliance (NZBA). Northern Trust is the latest to depart both CA100+ and Net Zero Asset Managers initiative (NZAM); MFS Investment ...

SEC names acting chair, establishes crypto taskforce

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025
... Californian Governor Arnold Schwarzenegger to serve as the chief advisor to the California Corporations Commissioner, the state's securities regulator. As his first order of business, Uyeda launched a crypto taskforce dedicated to developing a "comprehensive ...

Vanguard fined US$106m for investors' massive tax bill

KARREN VERGARA  |  TUESDAY, 21 JAN 2025
The Securities and Exchange Commission (SEC) charged Vanguard US$106.4 million for "materially misleading" investors in the Investor Target Retirement Funds (Investor TRFs) about their future tax liabilities. The failings relate to Vanguard dropping ...

Trump inaugurated as 47th President

ELIZA BAVIN  |  TUESDAY, 21 JAN 2025
Donald Trump has officially been sworn in as the 47 th US President as he takes on his second, non-consecutive term. Trump took to the stage for his "Day 1" official address unleashing a raft of executive orders and reaffirming his America first policies. ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Tennessee's suit alleged BlackRock failed ...

Australian Ethical grows FUM to $13.26bn

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025
... uplift," McMurdo said. In addition to the administrator change, the super fund successfully moved its custody services to State Street on 1 November 2024. "Together these transformational programs will deliver the strengthened business platform, improved ...

MA Financial readies first LIT for launch

MATTHEW WAI  |  MONDAY, 20 JAN 2025
MA Financial will soon launch its first listed investment trust (LIT), the MA Credit Income Trust (ASX:MA1). MA Financial has so far secured $171 million in commitments for MA1, which is expected to launch on the ASX on March 5. The fund is set to offer ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
Coalition members have called for reforms that would give workers the choice to limit their superannuation guarantee (SG) - to receive higher take-home pay. National Party senator Matt Canavan said the Coalition should consider giving workers more control ...

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
... Donald Trump as US President, Dimon said he was not surprised at the result. "People were angry at whatever they called the state - the 'swamp.' Ineffective government. That people wanted kind of more pro-growth and pro-business policies, that ...