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Showing 61 - 70 of 9376 results for "Close"

Corporate super fund to be terminated

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2024
Another of the few remaining standalone corporate superannuation funds will close its doors this year. After almost five decades, the Manildra Flour Mills Retirement Fund (MFMRF) has been closed to new members and will be wound up. The fund was established ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
Superannuation funds are increasingly flouting their internal dispute resolution (IDR) process and are not doing enough to resolve member complaints before they reach the Australian Financial Complaints Authority (AFCA). The complaints authority warned ...

Frontier promotes four staff members

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
Frontier Advisors has promoted four staffers - a principal consultant, a senior equities consultant and two quants from the capital markets team. In the asset consultant's latest round of promotions, Claire Casucci has been elevated to principal ...

JANA appoints new investment trusts leads

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
JANA Investment Advisers has appointed a head of investments, investment trusts, and a head of diversified portfolios, investment trusts. Claire Simpson will take on the role of head of investments, investment trusts and David Schnell is now head of ...

Fund managers prepare for harsher penalties

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
Fines for alternative fund managers for breaking regulations are expected to rise, according to new research commissioned by Ocorian. The international study among fund managers at private equity, venture capital and real estate firms revealed 79% were ...

HMC Capital acquires asset manager

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
... Capital announced its intention to acquire the company in its 1H FY24 results on February 20. The transaction is expected to close in Q2 CY24 and is subject to customary closing conditions, including regulatory approvals. HMC Capital said the acquisition ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... to rebalance its exposure away from benchmark agnostic global equity managers. "As such, we do not expect the account to close but rather to see a reduction in mandate size," Platinum said. "These events, together with some other institutional account ...

QMV Legal folds, managing partner to launch new firm

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... After careful review and in collaboration with the QMV Legal senior team, we have mutually agreed that the best option is to close QMV Legal." Novigi delivers data and technology services to financial services companies including Mercer, Link, and Vanguard ...

Why BlackRock is taking a risk-on view

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... Second, stocks could grow more sensitive to macro news as profit margin pressures mount." BlackRock said it was keeping a close eye on Japanese equities as well but is keeping its overweight status because it believes the Bank of Japan policy stance ...

Platypus AM appoints new chief executive

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
Platypus Asset Management has appointed a new chief executive following the retirement of Gary Adamson. Jelena Stevanovic, who joined Platypus as a senior equities analyst in 2008 before being appointed portfolio manager for Platypus' flagship equities ...