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Showing 11 - 20 of 20233 results for "management"

Head of institutional capital departs MA Financial

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... decade. While there, he led the IPO of MA Financial, corporate strategy and investor relations before joining the asset management function to raise institutional capital across its real estate, credit, and private equity strategies. Pyke is joining ...

Australian Food Super closes failed investment option

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... to the performance test result, the option had 910 member accounts invested and about $58.8 million in funds under management (FUM). At the end of 2023, following the result, there was 740 members invested and about $52.8 million in FUM, according to ...

ANZ confirms ASIC investigation

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... investigating its execution of a 2023 bond issuance of 10-year Treasury Bonds by the Australian Office of Financial Management (AOFM). ANZ said it was appointed by the AOFM to act as a risk manager in relation to the issuance of the Treasury Bonds. The ...

Advisers should leverage US tech blueprint: SIAA panel

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... deliver efficiency and personalisation in their work. It connects advisers' tech stacks such as the CRM and account management system, portfolio construction analysis, and other tools. The problem that Sage solves is helping advisers quickly create actionable ...

FAAA calls for 'fairness' ahead of Budget

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... making it more accessible and affordable. In addition to seeking a fairer implementation of the ASIS levy and better management of costs for the CSLR, the FAAA is also seeking enhanced tax deductibility of financial advice, enabling advisers access to ...

Pacific Current sells stake in investment firm to Goldman Sachs

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
Pacific Current Group (PAC) has sold a portion of its interest in Pennybacker Capital Management to Goldman Sachs Asset Management's Petershill program. PAC has sold 55% of its 16.5% equity stake in Pennybacker and all its 2.5% carried interest entitlement ...

Rahmani takes up post at Magellan

KARREN VERGARA  |  MONDAY, 13 MAY 2024
Sophia Rahmani officially took over as managing director of Magellan Asset Management as of today. As announced in February, Rahmani will step into the role of chief executive in 12 months' time. As managing director, Rahmani oversees all aspects ...

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... parties' consented to a variation to carve outs to those asset preservations orders. The matter is listed for a case management hearing on 16 May 2024.

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... flag, that's hard to understand as a simple policy," she said. She said trustees should be looking at their risk management processes and whether they're protecting members' funds against bad behaviour in advice and should be investing in ...

The unintended consequences of the four-day work week

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... the Senate work and care committee to trial a four-day work week at full pay. In 2022, UK fund manager Stellar Asset Management trialled 4 Day Week Global's program and found four key benefits: it improved employee wellbeing, maintained productivity ...