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Showing 1 - 10 of 8204 results for "CAR"

Super funds slash external mandates by 54%

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
The number of investment managers winning institutional mandates has tanked 54% in less than two years as superannuation funds ramp up the in-house management of assets, Rainmaker Information research reveals. Just 156 mandates were allocated by super ...

ANZ dumps remaining stake in AmBank

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
ANZ has offloaded its remaining stake in AMMB Holdings (AmBank) in a bid to "simplify the bank." ANZ sold its 5.2% shareholding in AmBank for MYR4.10 (A$1.31) per share. The Malaysian bank is currently trading at MYR4.22 (A$1.35) per share. ANZ chief ...

VFMC hires client portfolio design head

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
Victoria Funds Management Corporation (VFMC) named a new head of client portfolio design who joined this week. Julie O'Neill joined VFMC on May 27, hailing from the Insurance Commission of Western Australia, a government agency that provides injury ...

DWS names APAC chief investment officer, real estate

JAMIE WILLIAMSON  |  TUESDAY, 28 MAY 2024
DWS appointed Matthias Naumann as chief investment officer, real estate in Asia Pacific as a sign of its ambitions in the region. Naumann will relocate to Sydney from Frankfurt to Sydney to take on the role, marking the first time DWS has had an 'on ...

abrdn global chief executive steps down

KARREN VERGARA  |  MONDAY, 27 MAY 2024
The global chief executive of abrdn will step down at the end of June after four years in the top job. Stephen Bird and the board of abrdn "have together agreed that it is the right time for Stephen to hand over the reins to the team" effective June ...

How super funds could better support members: Research

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
New research from TAL has revealed the expectations of Australians approaching retirement versus the lived experience of retirees. The research, titled What I Wish I Knew About Retirement, surveyed 1000 Australians 55 and older and highlighted the important ...

SEC approves eight Ethereum ETFs

ELIZA BAVIN  |  FRIDAY, 24 MAY 2024
The Securities and Exchange Commission (SEC) has approved eight Ethereum ETFs for BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy and Franklin Templeton. This comes after the commission approved Bitcoin ETFs back in March this year. ...

Major themes to watch in the ETF space

ELIZA BAVIN  |  THURSDAY, 23 MAY 2024
ETFs are set to see a surge in interest around gold, artificial intelligence (AI) and infrastructure listings, according to experts speaking at the inaugural Financial Standard Future Investing Forum this morning. Global X chief executive Evan Metcalf ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
The Reserve Bank of Australia (RBA) board has confirmed it discussed both leaving interest rates unchanged and a hike at its May meeting. The board minutes were in line with messaging from RBA governor Michele Bullock, who spoke at a press conference ...

Financial services firms concerned about attracting staff

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
The majority of both Australian employers and employees are concerned about their company's ability to attract skilled talent this year, research from Robert Half found. The research suggested what companies are offering fails to meet candidates' expectations. ...
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