Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 951 - 960 of 1194 results for "Principle"

Wave of signatories could weaken PRI

MICHAEL HOBBS  |  FRIDAY, 27 NOV 2009
The head of a top investment firm warned that the United Nations Principles for Responsible Investment (UN PRI) is in danger of losing its potency as more finance firms sign up for the wrong reasons. Speaking at the Responsible Investor conference in ...

Planners should be fiduciaries: IFSA

ALEX DUNNIN  |  THURSDAY, 19 NOV 2009
IFSA chief executive John Brogden said financial planners should have fiduciary responsibilities to always act in their clients' best interests, regardless of how they are remunerated. Speaking during a major interview on ABC's Business Lateline last ...

Cbus adds ESG into investment contracts

MICHAEL HOBBS  |  TUESDAY, 17 NOV 2009
The $13 billion Construction & Building Industry Super (Cbus) is starting to include environmental, social and governance (ESG) issues in the fund's Investment Management Agreements (IMAs) when appointing fund managers. Trish Donohue, executive manager ...

ASIC outlines credit agency requirements

COMPANY RELEASE  |  FRIDAY, 13 NOV 2009
Local credit rating agencies must hold an Australian Financial Services (AFS) licence, properly manage conflicts of interest that arise and ensure employees are adequately trained from January next year following regulatory changes. The Australian Securities ...

Perpetual signs UN PRI

COMPANY RELEASE  |  FRIDAY, 6 NOV 2009
Perpetual Investments joins the raft of major fund managers that have signed up to the United Nations Principles for Responsible Investment (PRI). As a signatory, Perpetual Investments must formally incorporate environmental, social and governance (ESG) ...

SelectingSuper unveils 2009 top super funds

RUTH LIEW  |  FRIDAY, 6 NOV 2009
SelectingSuper has recognised the industry's finest, with more than 20 of the country's 400-plus super funds making it to this year's awards shortlist. This morning's SelectingSuper Awards recognised REST Super as the Fund of the Year, and paid tribute ...

PE managers should not mislead: IOSCO

ALEX DUNNIN  |  WEDNESDAY, 4 NOV 2009
In one of the more bizarre regulatory releases since the GFC, global regulatory group IOSCO has issued a report outlining guidelines for private equity managers stating that they should be honest and always act in their clients best interests. IOSCO ...

Maritime Super picks AIA for insurance

MICHAEL HOBBS  |  MONDAY, 2 NOV 2009
... diligence before we put them into the shortlist to ensure we were comfortable with them," he said. "Subsequent to the in-principle decision of the board, we had a significant amount of due diligence on their accounts and balance sheet to ensure they ...

Oasis let back in the good books

MICHAEL HOBBS  |  TUESDAY, 27 OCT 2009
Cape Town-based Oasis Asset Management, unrelated to a local company by the same name, has been re-instated as a United Nations Principles for Responsible Investment (UN PRI) signatory. Oasis Asset Management was delisted as a signatory in August for ...

Super savings not for govt projects: Suncorp Life

MICHAEL HOBBS  |  MONDAY, 26 OCT 2009
... government initiatives. "Super funds are the property of members. The trustee governance process has as its guiding principle that decisions around investments must be made in the best interest of members," said the submission. "Any moves to remove or ...