There is a growing recognition by asset owners that companies with active, informed shareholders are more likely to create value than those without, Hermes Equity Ownership Services believes.
US - Northern Trust has named R. Peter Sanchez as chief executive officer of Northern Trust Hedge Fund Services.
Aviva has appointed Trevor Matthews as chief executive of its UK region and as an executive director of Aviva.
Drawdown plans set to become more popular; Public sector pensions opt-out predicted; Is the City fit to run a care home?
AUSTRALIA - MTAA Super has entered into a A$90m ($95m) partnership with national residential land specialist Peet to complete the development of Flagstone City in southeast Queensland.
The disconnect between the desire to be secure in retirement and setting up an achievable financial plan is still prevalent among workers, research suggests.
UK - There is a growing recognition by asset owners that companies with active, informed shareholders are more likely to create value than those without Hermes Equity Ownership Services (EOS) believes.
Battle lines are being drawn over the open market option as ministers are set to decide on reform this autumn.
AUSTRALIA - The ETF industry must focus on meeting the growing needs of institutional investors, Russell Investments believes.
Unions will lose their battle to retain Fair Deal pension rights for outsourced workers, lawyers predict.