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Showing 1251 - 1260 of 17948 results for "Bank"

Pendal manager joins Barings

ELIZABETH FRY  |  MONDAY, 4 DEC 2023
... from Pendal, where she spent three years, most recently as a key account executive. Before that, she worked at Commonwealth Bank as a product manager for business clients. Her appointment follows the hiring of Aaron Thirukumar in August. The Dimensional ...

Macro environment trumps inflation for asset owners: Research

KARREN VERGARA  |  FRIDAY, 1 DEC 2023
... identified that sovereign wealth funds account for 39% ($9.1 trillion) of the top 100 assets owners in the world, listing Norges Bank Investment Management, China Investment Corporation, and SAFE Investment Company as the largest in terms of AUM. Sovereign ...

CPI cools to 4.9%

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... AMP deputy chief economist Diana Mousina said the data doesn't provide any new information that would force the Reserve Bank of Australia (RBA) to hike rates at next week's final board meeting for 2023. "While the RBA has sounded more hawkish ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
The Federal Court has imposed a $5 million penalty on OnePath Custodians for unlawfully deducting adviser service fees from members. According to court documents, the trustee made misleading representations about its right to continue charging fees ...

AMP selects new chief technology officer

CHLOE WALKER  |  WEDNESDAY, 29 NOV 2023
... group lead, data and technology. Interestingly, Trewin also joined AMP from AustralianSuper, with previous experience at ANZ Bank. "We are delighted with the appointment of Kavita Mistry as chief technology officer," AMP chief executive Alexis George ...

BBY manager charged with aiding and abetting

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
... strategy, facilitated the transfer of large sums of client money that was meant to be held on trust. Yuen instructed St George Bank on 13 June 2014 to transfer $6.8 million of client funds out of BBY's futures client segregated account, a client money ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
The Reserve Bank of Australia (RBA) has selected Bank of England (BoE) executive Andrew Hauser as its new deputy governor and as a member of the Reserve Bank board. Hauser is set to begin his five-year term in January, bringing with him over three decades ...

Former JPMAM Australia head joins Nest

KARREN VERGARA  |  TUESDAY, 28 NOV 2023
... Pacific at Citi Alternative Investments in Singapore. She was also head of alternatives distribution, EMEA at Citigroup Private Bank and held senior roles at Bankers Trust. Since leaving JPMAM in 2021, Farrell has worked part-time as an advisory board ...

Conscious Investment Management fund receives $50m

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023
Conscious Investment Management has received more than $50 million in commitments for its second Social Housing Fund (CIMSHF2) as it reaches its first close. The Paul Ramsay Foundation is the cornerstone investor in CIMSFH2, which will aim to deliver ...

Income fund shuttered by Equity Trustees

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... Income Fund was formerly known as the Ventura KFM Income Fund, and its aim was to provide returns greater than the 1-Year Bank Bill Swap Rate plus 4% while investing in ASX-listed securities including hybrid securities, bonds, fixed interest securities ...