Record roll-up expected for Mothers Day Classic

More than 22,000 people, many of whom work in the funds management industry, are expected to take part in the annual Mothers Day Classic walk/run on May 14.

The record roll-up will be helped by the event’s expansion into Tasmania, with an inaugural Hobart ‘Classic’ being given a lot of support by local media, according to organisers. Other cities to host the ‘Classic’ are Sydney, Melbourne, Brisbane and Adelaide. The major sponsor is Members Equity Bank. Other sponsors include CMSF, funds manager Marvin & Palmer, PricewaterhouseCoopers, Brooks and Investment & Technology magazine. The event is organised by Women In Super. With this year’s tally, Mothers Day Classic will have raised more than $2 million for the National Breast Cancer Foundation. Tomorrow is the last day companies can register teams at the ‘early bird’ discount prices. The ‘Classic’ also tends to attract a few celebrities. This year, former world champion runner Melinda Gainsford-Taylor is expected to beat most of the field in Sydney, while Olympic gold medallist swimmer Duncan Armstrong will probably also take the run in his stride in Brisbane. Further information: www.mothersdayclassic.org

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Aware backs tougher law to ensure company action against modern slavery

Aware Super has backed the call for a legislative change that will introduce mandatory human rights due diligence for large Australian companies, as head of responsible investment Liza McDonald said it’s a “reasonable request” which will help asset owners understand and manage the governance risks in their portfolios.

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