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Showing 1131 - 1140 of 3174 results for "GEO"

Schroders acquires majority stake in impact investor

KRISTI CHENG  |  MONDAY, 29 JUL 2019
Global asset manager Schroders has acquired a majority stake in Swiss impact investor BlueOrchard Finance. The financial terms of the deal have not been disclosed, with the acquisition expected to complete in the second half of 2019. Schroders now has ...

MLC Wealth shuffles leadership

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
MLC Wealth has made changes to its executive leadership team as its separation from NAB continues. MLC Wealth has promoted acting executive general manager, super and solutions Garry Mulcahy to a permanent position in its executive leadership, as group ...

ASIC moves against SMSF auditor misconduct

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
ASIC has acted against misconduct by SMSF auditors, disqualifying three and imposing conditions on several others. The decisions follow concerns about SMSF auditors failing to meet requirements, including auditor independence standards, auditing standards ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
"China and Europe playing big currency manipulation game and pumping money into their system in order to compete with USA. We should MATCH, or continue being the dummies who sit back and politely watch as other countries continue to play their games ...

Investec scores ADI licence

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
Investec Bank plc has received the green light from APRA to provide banking services in Australia from July 1. Investec Bank plc, which is owned by London Stock Exchange-listed Investec plc, is now operating as a foreign ADI. BNP Paribas, Societe Generale ...

Raiz hikes fees for low balances

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
Raiz Invest is bumping up fees for low-balance customers from 1 August 2019. Monthly maintenance fees will increase to $2.50 for active account balances of less than $10,000. For accounts with equal to or greater than $10,000, the account fee is unchanged ...

Super fund awards Aussie equity mandate

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
A $43 billion superannuation scheme awarded a mandate worth more than $200 million to Omega Global Investors. State Super allocated the funds to Omega's smart beta-plus strategy, complementing its existing Australian equity portfolio. Omega joins ...

Pension giant awards $1bn in mandates

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
A $323 billion pension fund has awarded three separate mandates to boost its sustainable investment strategies. The California State Teachers' Retirement System selected three new global equity managers to collectively manage more than $1 billion across ...

FSC adds to board

ELIZABETH MCARTHUR  |  MONDAY, 24 JUN 2019
The Financial Services Council has welcomed a new board director. BT Financial Group general manager of platforms, investments and operations Kathy Vincent has joined the industry body's board. The FSC said Vincent's experience as a financial services ...

Rest increases renewable energy investment

HARRISON WORLEY  |  MONDAY, 24 JUN 2019
The $50 billion industry super fund will take full ownership of the largest wind farm in Western Australia as it moves to boost its infrastructure portfolio. Rest has agreed to buy out UBS Asset Management's 60% stake in Western Australia's Collgar ...