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Showing 101 - 110 of 7925 results for "Day"

BNP Paribas wins UniSuper mandate

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
UniSuper has selected BNP Paribas to provide triparty collateral management services for its global trading activity. BNP Paribas' Securities Services will help UniSuper meet its initial margin rules obligations, which require financial institutions ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
After ignoring an Australian Financial Complaints Authority (AFCA) determination, which was then escalated to the Federal Court, NextGen Financial Group is now in the process of winding up. WJ & V Drakoulis Super, the trustees of the SMSF that sued ...

Trading platform pays $830k over suspicious trades

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
... late in the CSPA; were for a very small volume and value; they returned or held the price for OCC to or at the high of the day; and they were inconsistent with the client's previous trading throughout the day. The client was someone known to Interactive ...

Financial services marketing is broken: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 20 SEP 2023
... communication and openness between teams," Wood said. "Auditors would expect to see a three line of defence (3LoD) model in place for day-to-day risk management, including management of compliance risk, but how cohesive is the 3LoD model with all this ...

Pacific Current Group buys into fund manager

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
... equity. Avante will continue to be overseen by its founders and principals and there will be no changes to its strategies or day-to-day operations. PAC estimates its investment will yield between $2.3 million and $3.8 million from management fees in ...

Advisers seek safe haven in fixed interest: AMP

KARREN VERGARA  |  FRIDAY, 15 SEP 2023
Financial advisers have more than doubled their allocation to cash and fixed interest products to hit $1.93 billion, according to AMP's North platform, which mandated NAB as its new term deposit provider in response to soaring demand. Across aligned ...

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
Natixis Investment Managers has beefed up its distribution team as the asset manager prepares for rugged market conditions amidst dislocation driven by internalisation and increased specialisation. The doubling of the sales headcount marks one of Natixis' ...

Funds SA selects new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... am thrilled to have the opportunity to lead the exceptional and diverse team at Funds SA as we continue to work hard every day to generate strong investment outcomes for our clients." Funds SA oversees about $40 billion in funds under management on behalf ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
The highly anticipated legislation that recognises veteran financial advisers as professionals and exempts them from undertaking further qualifications has passed both houses of parliament. The Labor government passed Treasury Laws Amendment (2023 Measures ...

CALI launches scholarship to boost female risk advisers

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
... added. "Men outnumber women at industry conferences for many reasons, including juggling family and carer responsibilities with day-to-day work. We want to do more to create opportunities for women in our industry." Meanwhile, CALI board member and managing ...