Does an Ethnically Diverse Board Mean Better Stock Performance?

The executive responsible for driving ART’s post-merger growth has taken the top superannuation job at Insignia Financial as it looks to overhaul its business for “profitable growth”.

The industry funds’ unlisted property manager has slashed the valuations of its core property fund as well as a single asset office trust amidst a slow-moving commercial property downturn.

The $74 billion New Zealand Super has shot the lights out with a chunky one year return and is now looking to “scale and optimise” its organisation as it eyes a projected doubling in size over the next decade.