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Showing 31 - 40 of 2968 results for "mandate"

AMP reports boost in IFA flows, mulls advice unit options

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... 10.4%) was the result of both the simplification program to consolidate products and fees and the previously announced mandate loss of $4.3 billion," Vernon said. The group's underlying NPAT was up 6.5% to $196 million. Statutory NPAT was $265 million ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
Challenger has awarded a mandate to a major professional services firm to overhaul its technological infrastructure. Accenture has been mandated for seven years to upgrade Challenger's technology that will ultimately affect customers, financial ...

NAB names new chief executive

CHLOE WALKER  |  WEDNESDAY, 7 FEB 2024
... and First Nations business." At the same time, Chronican paid tribute to McEwan, who joined NAB in December 2019 with a mandate for change in the wake of the Royal Commission. "Ross has been exactly the chief executive we needed," Chronican said. "He ...

PGIM names institutional client group lead

ELIZABETH FRY  |  FRIDAY, 2 FEB 2024
PGIM has finally filled the institutional client-facing position left vacant by Murray Brewer last August. The US$1.2 trillion asset management business of Prudential Financial has chosen Chris Briant to be the new head of its institutional client group ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Several major superannuation funds such as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
Insignia Financial has reported more than $300 billion in funds and named a chief client officer to run the newly created client wellbeing arm as it progresses its simplification strategy. In a quarterly update, Insignia said its funds under management ...

Advice group awards mandate to JANA

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2024
... under advice has selected JANA as its investment consultant. The consulting group's wealth division was awarded a mandate by Alteris Financial Group, effective December 2023. It covers asset allocation, manager selection and portfolio construction ...

ISPT fills newly created head of mandates role, announces departures

ANDREW MCKEAN  |  WEDNESDAY, 24 JAN 2024
... property fund manager also noted that Cain is poised to be a key driver in enhancing investment performance across the ISPT's mandate business. Cain's responsibilities will include the development of new real estate investment products. Moreover, he'll ...

Future Fund soars to $272.3bn

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... technological areas like data centres, renewables and so forth. "I think it's really important that the Future Fund mandate stays pure, and the chairman has spoken about that recently," he said. "For almost 18 years now, the investment mandate has ...

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... organisations to the VMA and VMAAS services." During the period, Praemium partnered with Complii and Core Data. It won a mandate from Mercer to provide VMAAS to service about 400 client portfolios.