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Showing 1221 - 1230 of 2942 results for "L1 Group"

Industry fund adds chief risk role

JAMIE WILLIAMSON  |  TUESDAY, 13 NOV 2018
A $21 billion industry superannuation fund boosted its leadership team, welcoming its first chief risk officer and an executive manager of people experience. VicSuper has appointed Martin Vassallo to the newly created role of chief risk officer. He ...

Super ESG options can outperform

JAMIE WILLIAMSON  |  TUESDAY, 13 NOV 2018
The average ESG investment option offered by Australia's superannuation funds outperformed the average MySuper default product in the 12 months to 30 September. Rainmaker analysis shows 68 super funds currently offer a total of 639 ESG investment options ...

Future Fund boosts alternatives assets

KARREN VERGARA  |  THURSDAY, 8 NOV 2018
The Future Fund has increased its stake in alternative assets and appointed two new fund managers in a bid to combat the tailwinds coming from the global equities market. Australia's sovereign wealth fund increased its allocation in private equity ...

Royal Commission hits Westpac cash earnings

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
Westpac reported a flat net profit of $8 billion with increased remediation provisions and legal costs weighing on the group's cash earnings. The group recorded a 1% increase in net profit year-on-year to $8.095 billion for the 12 months to September ...

Advisers choose their own journey on BT hub

DARREN SNYDER  |  FRIDAY, 2 NOV 2018
The ability to select adviser services on an as needed basis will be the key ingredient to growth in BT Financial Group's newly-launched adviser hub. Commencing this week and first flagged in July, BT Open Services is a financial adviser hub set ...

Former UBS multi-asset expert joins boutique

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
UBS Asset Management's former head of investment strategy has joined a financial advisory firm based in Sydney. Fixed income and multi-asset specialist Tracey McNaughton joined Wilsons Advisory this month as head of global macro strategy. For the last ...

TCorp finalises restructure

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
TCorp has capped its investment team restructure with three new appointments targeted at portfolio construction. Tanya Branwhite joins TCorp as the new head of portfolio construction. She joins from the Future Fund where she was most recently a director ...

CBA sells CFSGAM, new wealth business chief executive appointed

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
Commonwealth Bank is selling Colonial First State Global Asset Management (CFSGAM) to a Japanese buyer. The bank has entered into an agreement with Mitsubishi UFJ Trust and Banking Corporation (MUTB) to sell the business for $4.13 billion for a total ...

Tobacco-free portfolios divide investors: Poll

KARREN VERGARA  |  MONDAY, 29 OCT 2018
As more superannuation funds and investment managers divest tobacco from portfolios and encourage others to follow suit, a Financial Standard poll shows the initiative has a mixed effect on investors. The survey, which asked what best described the ...

Former Olympian to lead investment house

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
A former Olympic swimmer has been named as the new chief executive at a diversified financial services firm. Grant Hackett was appointed chief executive at the Generation Development Group (GDG) annual general meeting yesterday. Hackett's focus ...