The Australasian Investor Relations Association (AIRA) has issued a Background paper and draft on increasing effective engagement between listed companies and proxy advisers. Tha draft Code has been developed as an initiative aimed at fostering relations in the long term and to head off regulation. The Code is intended to be a voluntary framework to pre-empt the need for any regulatory or legislative intervention. It outlines the way in which proxy firms should engage with listed companies, It should also help to identify any systemic issues that may arise from time-to-time.

The view a copy of the background paper and draft code, please CLICK HERE.

To view the media release, please CLICK HERE.

Corporations listed on the Australian and New Zealand Securities Exchanges will soon have a detailed blueprint outlining how they can best manage environmental, social and governance (ESG) issues that increasingly are championed by powerful shareholders and used to challenge boards and management.

The Australasian Investor Relations Association (AIRA) has issued a draft of its recommended practices for widespread comment before a final blueprint is issued.

The view a copy of the draft, please CLICK HERE.

To view the media release, please CLICK HERE.

Every two years, AIRA conducts a detailed survey of investor relations practices, preferences and trends. In November 2016, investor relations practitioners representing all industry sectors from ASX200 and NZ50 listed entities were invited to participate in an online questionnaire.  As in previous years, the research sought to identify the factors influencing the role played by investor relations.

To view the media release, please click here.

 

The winners of the 2016 Australasian Investor Relations Awards were announced at the Annual AIRA Best Practice Investor Relations Awards & Gala Dinner on 24 November 2016.

The Australasian Investor Relations Awards recognise listed entities that have excelled in Investor Relations over the year. Winners are determined based on voting from domestic and international equities analysts and fund managers.

In addition, AIRA’s sell-side awards recognise corporate access and sales teams that have enhanced the practice of investor relations across Australasian listed entities. These award winners were determined based on voting from investor relations professionals from listed entities.

CLICK HER FOR THE MEDIA RELEASE AND THE VOTING CRITERIA

CLICK HERE FOR THE RESULTS

The Australasian Investor Relations Association announced its Fellows at its annual Best Practice Investor Relations Awards & Gala dinner in Sydney on Thursday, 24 November 2016. To view the media release, please click here.

Leading ASX companies risk becoming targets for hostile actions because they don’t engage effectively with investors on environmental, social and governance (ESG) issues, a new survey has found. Hot button ESG issues are increasingly used by shareholder activists and other stakeholders to attack boards.

The survey, conducted by the Australasian Investor Relations Association (AIRA), found that only 23.5% of respondents proactively engage with stockbroker and investor ESG analysts. A full 82.7% don’t hold specific events for the investment community to explain their ESG practices. And just 51% speak to those people only when approached.

AIRA will be developing best practice guidelines for listed entities about their engagement with the investment community. It is important that investor relations officers (IROs) co-ordinate responses holistically to all market players because they are the people who most directly engage with investors.

The peak body representing investor relations professionals, the Australasian Investor Relations Association (AIRA), is pleased to welcome Market Eye, a leading investor relations firm, as the Association’s first Professional Development Partner.

Both AIRA and Market Eye recognise the importance of professional development and ongoing education initiatives within the investor relations profession.  With Market Eye’s senior team all having buy-side, sell-side or in-house investor relations experience, Market Eye appreciates the need for the profession to continue developing skills and thought leadership in a constantly changing financial services industry.

Investor relations executives at Australia and New Zealand’s largest listed corporations median remuneration range has remained the same since 2012 with short-term cash bonuses up and long-term incentives down on 2015, according to a study released today by the Australasian Investor Relations Association (AIRA).

The median Total Remuneration* range was $275,000 - $325,000 in 2016, being the same as the previous year’s median band. *Total remuneration excludes cash bonuses and long term incentives.

The peak body representing investor relations professionals, the Australasian Investor Relations Association (AIRA), today launched a recruitment service to meet increasing demand from listed entities and advisers seeking to hire investor relations specialists.

The new service, AIRARecruit, provides three distinct levels of investor relations recruitment and advice services depending on the requirements of individual members.

AIRA’s Chief Executive, Mr Ian Matheson, said: “Most of the ASX200 companies now employ specialist investor relations individuals to manage the complex communications needs of their many stakeholder’s. The demands of their jobs can involve handling critical issues such as capital raisings, takeovers, investor roadshows, regulatory disclosure and annual meetings. They are at the coal face of how a company is perceived and their skills can have a direct impact on share values. It is essential this specific role is fully understood to ensure the right person is appointed.”

The three levels of service offered by AIRARecruit are designed to best suit a member’s needs and operate through personal consultation.

The first level is available for members seeking to hire an IR executive by engaging a recruitment firm to conduct a search. In this situation, AIRARecruit will refer the member to a list of preferred recruitment specialists with specific IR or corporate communications experience. The selected search firm then pays AIRA a referral fee.

The second level is available for members in search of candidates but preferring not to hire a recruitment firm. In that case, AIRA applies the skills and experience of its own executives to provide a list of candidates for a fee.

The third level will be launched on 1 July 2016 and offers an online Resume Bank where members can list their CVs, on an anonymous basis.

“We frequently receive recruitment enquiries because we know the majority of professionals in the industry very well and understand the changing nature of the role,” Mr Matheson said. “We offer our members this specialist service with the understanding of exactly what hiring an IR executive requires, designed in a manner that is cost effective to their needs.”

For more information about this service please go to the AIRARecruit section of AIRA's Website.

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For more information contact:
Ian Matheson
Chief Executive Officer
T: +61 2 9872 9100
M: 0419 444 731
E: This email address is being protected from spambots. You need JavaScript enabled to view it.

About AIRA

The Australasian Investor Relations Association (AIRA) was established in 2001 to advance the awareness of and best practice in investor relations in Australia and New Zealand and thereby improve the relationship between listed entities and the investment community. The Association's 160 corporate members who represent over A$1.2 trillion of market capitalisation, or over eighty percent of the total market capitalisation of companies listed on ASX.

The winners of the 2015 Australasian Investor Relations Awards were announced last night at the Annual AIRA Best Practice Investor Relations Awards & Gala Dinner.

The Australasian Investor Relations Awards recognise listed entities that have excelled in Investor Relations over the year. Winners are determined based on voting from domestic and international equities analysts and fund managers.