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Showing 41 - 50 of 15983 results for "Report"

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... did not have reasonable grounds to suspect the contraventions under investigation because it had not prepared an interim report under section 16 of the ASIC Act. The court found that Provide Capital had a history of delay and obfuscation in handing over ...

HUB24 growth officer jumps to AZ NGA

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
Professional services group AZ NGA has announced the appointment of Chesne Stafford in the newly created role of executive general manager. Stafford is currently in the role of chief growth officer at HUB24 and is set to start her new role in July 2024 ...

Wealth firm gears up to change administrator

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
Acclaim Wealth is preparing to conduct a data migration for its AMG Super Personal Pension Division next week, involving approximately 6000 members with funds under management of $1.6 billion. The migration will move these members from an old FNZ technology ...

BlackRock faces 'stiff competition' from APAC asset managers

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
... managers in the US and APAC, though subtle shifts are signalling change, according to the latest Broadridge Fund Brand 50 report. Incorporating insights from 1200 fund selectors and gatekeepers, the study ranks asset managers by evaluating brand attributes ...

Evolution of investment operations spurs new recruitment trends

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2024
With demand for experienced investment operations talent outstripping supply, local employers are increasingly looking offshore for candidates with end-to-end skillsets. It's also impacting salaries. According to insights from Kaizen Recruitment, investment ...

Australian private capital industry surges 33%

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... released the 2024 Australian Private Capital Market Yearbook which tracks activity in the private capital industry. The report found private equity and venture capital (VC) has a combined AUM of $65.5 billion, as of June 2023, which was 30% higher than ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
The Federal Court determined Vanguard misled investors via claims it made about certain ESG screens it applied to its Ethically Conscious Global Aggregate Bond Index Fund. On March 8, the indexing giant admitted to "engaging in conduct that was liable ...

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
According to a report by Mercer, nine out of 10 investment managers are either using or planning to use artificial intelligence (AI) in their investment strategies or asset class research. The report flagged that the question is no longer if but how ...

Infrastructure a foundational portfolio asset class: IFM Investors

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... long term, illiquid holdings, despite the generally stable cashflows associated especially with core infrastructure," the report said. "Nevertheless, we believe the sector will work to increase its average infrastructure allocation of 3-4%, even if it ...

Indigenous communities reunited with $25m in lost super

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... field for Indigenous Australians." The amount of super recovered was released as part of the foundation's latest Impact Report, which also shows it helped 2160 individuals with super, banking and government services in 2023. This was up from 1600 the ...