Industry fund appoints interim investment chiefBY HARRISON WORLEY | FRIDAY, 18 OCT 2019 12:45PM
A former Kinetic Super chief investment officer has been appointed as the interim investment chief of a $4 billion industry fund.Read more: Edward Smith, Andrew Proebstl, Australian Unity, Financial Services Council, Financial Standard, Frontier Investment Consulting, J Sainsbury Pension Scheme, Kaizen, London Pensions Fund Authority, Paul Kessell, Sunsuper
Moelis Australia has promoted two managing directors to joint chief executives as it announces plans to acquire a local non-bank lender, eyeing a bigger slice of the $1.8 trillion Australian residential mortgage market.
OneVue has made a provision to write down its Sargon receivable by $26 million to just $3.9 million, dragging its first half bottom line to $27 million in losses after tax.
The director of a 'one-stop-shop' for SMSFs has pleaded guilty to 17 counts of aggravated deception and one count of dishonest dealings with documents.
The multi-asset manager has warned of the effects of climate change on investor's portfolios, urging them to assess a company's "carbon footpath" over eliminating polluters altogether.
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