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| | ... products and commodities to produce a return. However, no such products existed, and Sandiford simply deposited the money into bank accounts held in his own name. It was then used to fund personal expenses and for other purposes unrelated to trading. ... |
| | | Macquarie Group has reported a "substantially lower" net profit after tax in FY24 and announced the departure of its long-serving head of commodities and global markets Nicholas O'Kane. Macquarie's annuity-style divisions, Macquarie Asset Management ... |
| | | Retail investors can now gain access to the unhedged Claremont Global Fund (CGUN) and the hedged Claremont Global Fund (CGHE) on the ASX. Claremont Global head and co-portfolio manager Bob Desmond said its decision to target the retail market is due ... |
| | | Mike Cannon-Brookes' family office Grok Ventures has hired a new chief executive, recruiting a former BlackRock and Macquarie executive. Grok has named global funds management executive Tan Kueh as chief executive, while Jeremy Kwong-Law will remain ... |
| | | ... "It will be more cost competitive than the big banks are," Verwey said. "Our users are likely going to be coming from a big bank broker or they're going to be trading for the first time. It's also really important to note that people that trade ... |
| | | ... expectations, from 8.8% last year to 6.3%. Recession fears top their concerns at 52%, with war and terrorism at 50%, and central bank errors at 36%. Yet, 56% remain optimistic about market performance, tempered by high uncertainty and risks. Concerns ... |
| | | ... Australasia. Prior to this, Collins held leadership roles in Australia and Asia including at BT Financial Group and Deutsche Bank. Collins' promotion comes as the fund manager plans to open the doors to its Auckland-based office in the first half ... |
| | | ... previously overseen by Monnier. Prior to BlackRock, Monnier held positions at Newton Investment Management in London, Macquarie Bank, and Bankers Trust. A statement from Cbus said that Monnier brings significant experience in investment stewardship ... |
| | | ... diverse needs. Before joining HESTA, Collins held customer-facing and operations executive positions at AXA, Commonwealth Bank of Australia, and National Australia Bank. She also served as the chief operating officer of Victorian Funds Management Corporation ... |
| | | Andrew Irvine will become National Australia Bank's new group chief executive and managing director, succeeding Ross McEwan. Irvine has served as NAB's group executive and private business since 2020 and boasts 27 years of experience in financial services. ... |
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