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Showing 1 - 10 of 6404 results for "Corporate"

Vanguard selects next chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024
... index investing, a role he left in January. Prior, he held roles including head of US wealth advisory and global head of corporate strategy. He's also previously led McKinsey & Company's asset and wealth management practice. He began his career as a ...

Head of institutional capital departs MA Financial

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... four years but was with the alternative asset manager for over a 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 ...

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... proceedings" in the Federal Court against Brisbane financial adviser Sunny Prakash and his many associated companies. The corporate regulator is investigating Prakash and his "related companies" - Principal Financial Services Pty Ltd, Self-Managed Super ...

APRA 'continuing to monitor' UniSuper outage

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024
... responsible for the outcome - which is the inability of customers to lodge claims or access other services." Meanwhile, corporate regulator ASIC said that the matter "predominantly concerns APRA," but offered a general comment on member services failures. ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... value estimate of $26 per share for Perpetual stock, even after KKR confirmed it will buy its wealth management and corporate trust businesses yesterday. Morningstar analyst Shaun Ler said KKR's proposed acquisition of Perpetual's wealth management and ...

Perpetual seals $2.18bn deal with KKR, chief to retire

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
Perpetual has agreed to divest its wealth management and corporate trust businesses to Kohlberg Kravis Roberts (KKR) for $2.18 billion, pending shareholder approval. The deal will see the departure of Perpetual chief executive Rob Adams. The net proceeds ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... adviser's advice fee while others are paid a flat payment. Other licensees, ASIC said, should identify their advisers or corporate authorised representatives that are engaged in these referral arrangements and ensure they comply with financial services ...

FSC launches digital advice group

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... Intelligence Ink chief strategy officer for digital advice Jacqui Henderson, and Ignition Advice global head of strategy and corporate services Andrew Baker. The Digital Advice Expert Group is the culmination of the fledgling association Haramis, Henderson ...

Farewell TelstraSuper: Largest corporate fund explores merger options

ANDREW MCKEAN  |  MONDAY, 6 MAY 2024
TelstraSuper is searching for a merger partner, after its board concluded that size and scale are "increasingly important" to serving members' best financial interests. "The TelstraSuper Board see this as an exciting opportunity for members as we ...

Janus Henderson acquires NBK Wealth, Tabula Investment Management

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
Janus Henderson has acquired the wealth management arm of the National Bank of Kuwait, NBK Wealth, as well as European ETF provider, Tabula Investment Management. The US$353 billion asset manager said in its Q1 2024 results that NBK Wealth's private ...
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