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| | | ... $509.4 billion. J.P. Morgan remains the largest custodian with $983 billion in assets, despite an 11.4% decline since the start of the year. NAB Asset Servicing is now fifth largest behind Northern Trust, Citigroup and State Street. |
| | | | After a decade in the role, Dick Shearman is retiring as chair of NGS Super. Shearman joined the NGS board in 2012 as a member representative director and became chair that same year. At the time, it had $4.4 billion and has since grown to $13 billion ... |
| | | | New data reveals 64% of banking and financial services employees have felt burnt out or emotionally overloaded from work in the last 12 months. Slack APAC research titled Leadership and the war for talent surveyed 1000 knowledge workers in Australia. ... |
| | | | ... said. "The plan must cover the entire value chain of a city, state or business, including end-use emissions. It needs to start fast and not delay action to the last minute, reflecting the fact that global emissions must decline by at least 50% by 2030." ... |
| | | | Super funds and other shareholders could be in a position for a second time this year to approve a proposal to privatise an electricity provider, as Brookfield and MidOcean Energy bid to take over Origin Energy. Brookfield and MidOcean, an LNG company ... |
| | | | ... relying on the government Age Pension, we are starting to see non-retirees making plans to reduce their spending and delay the start of their retirement in order to close this retirement adequacy gap." The report highlighted that when the time comes ... |
| | | | Australia should be able to evade a recession, despite the high inflationary environment, AMP's Shane Oliver says. Amid dire, bleak, and gloomy economic outlooks, Oliver - AMP's head of investment strategy, economics, and chief economist - said if further ... |
| | | | Centuria Capital Group has dropped $35.5 million on a distribution centre in Queensland for its new single-asset, closed-ended unlisted real estate fund. The Centuria Industrial Income Fund No. 2 (CIIF2) is set to provide an initial five-year term ... |
| | | | Padua Solutions has appointed Steve Toth into the newly created position of head of sales, distribution and account management. Toth joins the fintech with experience across several industries, and has previously been head of sales for companies including ... |
| | | | Cbus has updated its climate change roadmap to meet its 2030 target of reducing emissions by 45%, including a change in reporting for portfolio emissions that sees the fund's reported emissions reductions restated to reflect real-world outcomes. The ... |
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