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07 August 2020 • By Sarah Simpkins • 1 min read

Pandemic to test boards on exec pay: ASCI

Remuneration packages for Australia’s top chiefs already were edging down ahead of COVID-19, according to new research, but an investor group has ...

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IOOF sells $74.5m Australian Ethical stake

IOOF has sold around 14.2 million shares in Australian Ethical for $74.5 million, ceasing to be a substantial holder in the investment group as it ...

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Governance tops BlackRock concerns

BlackRock’s stewardship team has signalled it will be focusing on companies’ responses to COVID-19 and their approaches to racial inequality, after ...

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Industry needs to adapt investment committees, report finds

Investment organisations are not learning from their past experience when it comes to improving investment committee practices and governance, ...

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Aus investors fear pandemic will breed unethical conduct

Half of Australian investment management professionals believe the coronavirus pandemic will trigger unethical behaviour in the industry, according to ...

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Pinnacle profit up through COVID

Pinnacle Investment Management has managed to somewhat push through the COVID-19 crisis, reporting a 5.6 per cent rise in profit year-on-year after ...

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Victoria spikes setting back Aus growth: Janus Henderson

The reintroduction of lockdown measures in Victoria will impact around a quarter of national output and weaken the country’s near-term growth profile, ...

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AMP signals profit to crumble under COVID

AMP has indicated its profit for the first half of the year is expected to halve year-on-year, with the group feeling the heat from the virus-induced ...

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AMP, CBA, BT to face class actions

AMP, CBA and BT have been targeted in a set of class actions alleging the groups failed to act in the best interests of consumers, through selling ...

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IOOF leadership cops pay cuts

IOOF’s boss and chairman have signed off on having their pay sliced by 20 per cent for six months, with the group’s executives, directors and chief ...

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