Search ResultsShowing 21 - 30 of 100+ results for Karren Vergara
Fossil fuel holdings cost BlackRock investors $90bn
KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
BlackRock has lost more than US$90 billion ($133bn) by investing in fossil fuel-dependent companies over the last decade, a new report criticising the world's largest fund manager about its failure to manage climate risk shows. The Institute ...
JANA hires quantitative applications lead
KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
JANA Investment Consultants appointed a former Victorian Funds Management Corporation executive in the newly created role of head of quantitative applications. Michael Watt was chief executive and principal consultant at PortfolioMetrics for almost ...
HSBC chief abruptly resigns
KARREN VERGARA  |  TUESDAY, 6 AUG 2019
The global chief executive of HSBC has stepped down after mutually agreeing with the board that change was necessary for the bank to move forward in an increasingly challenging environment. John Flint exited HSBC Holdings plc on August 5 as its ...
More scrutiny for super fund, insurance firm chiefs
KARREN VERGARA  |  MONDAY, 5 AUG 2019
Top executives of superannuation funds and life insurance companies could soon face another inquiry that has traditionally put the blowtorch on the chiefs of the four major banks. The Coalition has asked that the House of Representatives Standing ...
EQT welcomes head of insurance
KARREN VERGARA  |  MONDAY, 5 AUG 2019
Equity Trustees has hired a former Mercer principal as its new head of insurance. Princess Navarro, who was most recently Mercer's insurance, policy and governance leader, has linked with EQT after nearly two decades with the implemented ...
Survey backs SG increases
KARREN VERGARA  |  MONDAY, 5 AUG 2019
Respondents in Financial Standard 's latest spot poll have welcomed the pending increases to the Superannuation Guarantee beyond 9.5%. The majority (79%) of respondents support the legislated incremental increases to the SG starting from 1 July ...
Unfair contract terms extended to insurance
KARREN VERGARA  |  FRIDAY, 2 AUG 2019
The Federal Government is extending the unfair contract term regime to insurance contracts. Treasurer Josh Frydenberg said proposed amendments to the Unfair Terms in Insurance Contracts Bill 2019 announced this week is the result of the Coalition ...
Imminent launch for start-up super fund
KARREN VERGARA  |  FRIDAY, 2 AUG 2019
A start-up superannuation fund underpinned by a managed account solution will officially launch this spring. Tomorrow Super promises to be the "smarter alternative" to traditional retail, industry and self-managed superannuation funds, according to ...
Boutique manager hires investment banking expert
KARREN VERGARA  |  THURSDAY, 1 AUG 2019
The former managing director of RBC Capital Markets has left to join an alternatives asset manager with $4.6 billion of funds under management. Metrics Credit Partners has hired Hamish Mitchell as investment director to lead its loan origination ...
ASIC warns trustees on employer inducements
KARREN VERGARA  |  THURSDAY, 1 AUG 2019
Corporate regulator ASIC is reinforcing the illegality of superannuation funds inducing employers and the serious consequences that come with breaching the new law. ASIC released Infosheet 241 on Wednesday, reminding trustees that influencing ...
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