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Showing 1181 - 1190 of 3537 results for "s. First"

Industry funds face reality of COVID-19 shutdown

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 MAR 2020
The industry superannuation funds for those who work in clubs, hospitality and retail are facing a tough year and have moved to reassure impacted members. With close to or more than half of their members sitting in the millennial age range, the likes ...

NAB Private director starts new venture

KANIKA SOOD  |  MONDAY, 23 MAR 2020
A former director in NAB's private bank has set up a funds management distribution business, and has signed a UK fund manager as its first client. Richard Borysiewicz, who was a private client director at NAB Private focusing on high-net-worth clients ...

Platforms maintain cash rate on RBA cut

ALLY SELBY  |  FRIDAY, 20 MAR 2020
Netwealth and HUB24 have kept interest rates on cash accounts at 0%, following the Reserve Bank of Australia's rate cut of 25bps on Thursday. Both platforms confirmed the decision to maintain rates at 0%. "Nothing has changed since last week for ...

ClearView rated stable

HARRISON WORLEY  |  FRIDAY, 20 MAR 2020
... ClearView Wealth has picked up a long-term issuer default rating of BBB from credit rating issuer Fitch, the wealth manager's first rating by the firm. According to Fitch, both ClearView Wealth and the firm's operating subsidiary ClearView Life Assurance ...

Prodigy folds, two boutiques to shut

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... Trustees, is considering alternative arrangements for Flinders. Prodigy's two offices will close as well. Prodigy's first boutique was Dalton Street Capital, set up in 2016, by former Credit Suisse heads Alan Sheen and Nick Selvaratnam. The boutique ...

Volatility hits super funds

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
The current volatility of global financial markets is taking its toll on some of Australia's largest superannuation funds. Latest Rainmaker analysis of superannuation returns and unit pricing shows Australia's large superannuation funds aren't ...

UK asset manager acquires stake in retirement funder

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... equity capital raised by Household Capital to $25 million since launching in 2017. Legal & General is Household Capital's first non-domestic, multinational investor and will be used to underpin its corporate growth. Legal & General has close to £1.2 ...

Diversity should not exclude white men: Thinking Ahead

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
Thinking about diversity as more than simply a matter of gender and race could benefit organisations, especially in the investment and pension industries, according to the co-head of the Thinking Ahead Institute. Thinking Ahead Institute at Willis Towers ...

Active managers: Opportunities abound

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2020
While COVID-19 may have some reeling from uncertainty, active managers are seeing it as their time to shine as opportunities for growth crop up. T. Rowe Price's head of investments, Robert Sharps, said while he is not seeing any wholesale change from ...

BNP Paribas hires from Vanguard

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
Vanguard's institutional sales team has copped another departure, as an institutional sales manager moves to BNP Paribas' asset management business. Abdul Elhage was an institutional sales manager at Vanguard for nearly five years and left last month. ...