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Showing 1181 - 1190 of 6353 results for "ALR"

Multi-boutique appoints head of private wealth

ANNABELLE DICKSON  |  TUESDAY, 16 NOV 2021
Warakirri Asset Management hired from UBS for the newly created role of head of private wealth. Ben Williams was head of wholesale client coverage at the Swiss bank for over four years. He was previously national manager, retail at Lazard Asset Management ...

Vanguard launches automated investing solution

KARREN VERGARA  |  MONDAY, 15 NOV 2021
Vanguard's Personal Investor platform has launched a feature that automatically invests clients' money into managed funds. Auto Invest regularly debits accounts starting from $200 either fortnightly, monthly, or quarterly, and invests the funds ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
Did the Reserve Bank of Australia (RBA) jump or was pushed by the bond market to scrap its target to keep the April 2024 Australian government bond yield at 10 basis points. The answer to this question becomes important because it would dictate future ...

Cbus to create rainy day fund to cover fines

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
Despite not currently facing any fines or penalties, Cbus has made a request to the Supreme Court for permission to change its rules to create a special pool of capital to pay any future fines. Following changes to the Superannuation Industry (Supervision) ...

Sunsuper moves $20bn mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 NOV 2021
Sunsuper has decided where to move its $20 billion passive investing mandate, replacing Vanguard Australia. State Street Global Advisors (SSGA) has been appointed passive investment manager for the $90 billion fund. It comes after Vanguard announced ...

Pendal brings Global Select Fund to Australia

JAMIE WILLIAMSON  |  MONDAY, 8 NOV 2021
Australian investors can now access one of Pendal's most successful global equities strategy. The fund manager has rolled out the Global Select Fund to local investors, which currently has about US$5.3 billion in funds under management. Pendal says ...

abrdn outlines climate change action plan

JAMIE WILLIAMSON  |  FRIDAY, 5 NOV 2021
The group has developed a strategy to halve the carbon intensity of the assets it manages by 2030 and to reach net zero in its own operations by 2040. The global asset management has adopted a strategy focused on Net Zero Directed Investing (NZDI) ...

Commonwealth Bank to add crypto services

JAMIE WILLIAMSON  |  WEDNESDAY, 3 NOV 2021
Commonwealth Bank will become the first bank in Australia to offer the ability to buy, sell and hold crypto assets via a strategic partnership with Gemini and Chainalysis. The bank has designed a crypto exchange and custody service which will be offered ...

CFA Institute launches new ESG standard

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 NOV 2021
CFA Institute launched the Global ESG Disclosure Standards for Investment Products, a new standard designed to facilitate more accurate evaluation of ESG investment products. The standards are voluntary and can be applied to all investment vehicles ...

Governments must act on net zero: Morningstar

ANNABELLE DICKSON  |  WEDNESDAY, 3 NOV 2021
Asset managers around the world are working hard to turn their investment strategies into measurable emissions reductions, but must be attuned to the risk of net zero washing, new research says. Morningstar's latest report, Asset Managers and Net ...