New industry award in 2007
The New Year will herald the first Investment Stewardship Award, with sponsorship of it coming from the Victorian Government.
The award applies to all industry, institutional, charity and non-profit organisations with at least $500 million in assets under management.
Entrants for the award also need to have a performance history of three years or more.
“It’s time to recognise the importance of Investment Stewardship as crucial to a long-term investment approach, recognising not just the importance of investment returns, but also good governance and innovative thinking, as forming part of a modern, responsible investment business,” award judging panel chair John Gall said.
The stewardship award will be presented at the 2007 Melbourne Financial Services Symposium, which also offers a forum for international investment leaders to discuss the major issues for the financial services industry around the world.
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