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Global firm secures $500m mandateBY ELIZA BAVIN | THURSDAY, 7 NOV 2019 11:41AM
A global fixed income manager has secured a $500 million mandate from a major industry superannuation fund with around two million members.
Read more: GSFM, Payden, Rygel, Charles Levinge, Bloomberg AusBond Bank Bill Index
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The corporate watchdog's executive director of wealth management has nabbed a promotion and will now assume the role of ASIC's executive director of financial services.
New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme.
Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws.
Victorian Funds Management Corporation has welcomed a head of client and market development to its executive team.
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