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

Search Results

Showing 981 - 990 of 2324 results for "Generate"

Super fund divests companies with all-male boards

ELIZABETH MCARTHUR  |  THURSDAY, 9 MAY 2019
... superannuation of men, Hunter argues this issue is particularly relevant. "At a super fund, we have to think about how we can generate the best returns for members and since super funds with women on the boards perform better we cannot in the face of ...

Pension fund giant cuts BHP

KANIKA SOOD  |  THURSDAY, 9 MAY 2019
BHP Group is among several companies a $106 billion international pension fund has excluded from its investment universe as it aims to rid its portfolio of coal. Norway's Kommunal Landspensjonskasse (KLP) took the decision to divest almost $520,000 ...

QIC eyes internet infrastructure company

KANIKA SOOD  |  MONDAY, 6 MAY 2019
The $85 billion manager made an indicative proposal to acquire an ASX-listed internet infrastructure company. Superloop granted QIC an exclusive due diligence period of three weeks starting April 28, after receiving an indicative offer on April 2 for ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
... same as its benchmark target. The Building Australia Fund and Education Investment Fund each stood at $3.9 billion. Both generate benchmark return of 2.3% over the last 12 months. On February 1, the Future Fund also took over the Aboriginal and Torres ...

Push for chief executive pay ratio disclosure

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
The Australian Council of Superannuation Investors (ACSI) is calling for chief executive's pay to be measured against that of their company's average worker and for boards to be elected annually. ACSI is calling for a corporate governance framework ...

Sargon named trustee for new super fund

HARRISON WORLEY  |  TUESDAY, 23 APR 2019
Sargon has been appointed trustee of a new superannuation fund offered by a specialist insurance company. Sargon will act as trustee for the PPS Mutual Super Fund, which has been designed to enable PPS Mutual to offer a "complete" life insurance solution ...

NZ Super responds to Australian social media laws

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
NZ Super, which has been active in calling for action on social media companies following the streaming of the Christchurch terror attacks, has responded to new laws passed in Australia. The laws, passed last week, mean that executives of social media ...

Superannuation funds flag $113bn merger

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... greater benefits of scale, including access to a broader range of investment opportunities and an even greater ability to generate strong, sustainable returns over the long term," he said. First State Super chief executive Deanne Stewart, who stepped ...

Future Fund hires from WTW

KANIKA SOOD  |  TUESDAY, 2 APR 2019
The $147 billion sovereign wealth fund has created a new deputy chief investment officer role and has hired a senior consultant from Willis Tower Watson to fill it. Sue Brake will join in June as Future Fund's deputy chief investment officer, portfolio ...

CFR, ATO report on SMSF borrowing arrangements

ELIZABETH MCARTHUR  |  MONDAY, 25 MAR 2019
... material systemic risk" but "active monitoring is warranted to ensure that SMSF borrowing does not have the potential to generate systemic risks in the future." However, regulators have already taken steps to reduce the risks associated with LRBAs. APRA's ...