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Showing 1291 - 1300 of 3876 results for "August"

IFM Investors executive departs

KANIKA SOOD  |  MONDAY, 9 SEP 2019
... claims made against him by a former associate on his team. Frederic Michel-Verdier's last day with IFM Investors was August 30, a spokesperson for the company said. "Mr Frederic Michel-Verdier, an executive director in our London infrastructure equity ...

Northern Trust embroiled in YouTube fundie saga

ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
... Woodford Patient Capital Trust says it will seek to reduce borrowings over time as realisations are achieved. At the end of August, Link Fund Solutions (the authorised corporate director of the suspended Woodford Equity Income Fund) confirmed it does ...

Boutique AFSL acquires advice practice

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2019
... those needs." Profile Financial Services has been slowly but surely growing in recent years, making its last acquisition in August 2018. The business took over GROW Super co-founder Mathew Keeley's practice, Churpa Wealth. It also added to its Mudgee ...

Chief economist update: RBA not risking market disappointment

BENJAMIN ONG  |  WEDNESDAY, 4 SEP 2019
... market appears to have "stabilised" - the CoreLogic Home Property Values Index looks to have bottomed: Australia (-5.9% in August from -7.3% in July); Sydney (-6.9% from -9.0%); Melbourne (-6.2% from -8.2%); Brisbane (-2.1% from -2.4%); Perth (-8.8% ...

MLC terminates fund

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
... consideration, MLCI has determined that it is in the best interests of investors to terminate the fund," it said in an August 8 letter. "The relatively small size of the fund will result in escalating costs associated with managing and administering ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... and it is getting worse and worse in manufacturing". While the final manufacturing PMI reading improved a bit to 47.0 in August from 46.5 in the previous month, it was the second lowest reading since April 2013 and the seventh straight month indicating ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
... in the outcomes all RSE licensees deliver for their members," she said. SPS 515 will take effect on 1 January 2020. On August 28, APRA released a final version of prudential practice guide SPG 515 Strategic and Business Planning to assist RSEs implement ...

UBS Asset Management drops fees

KANIKA SOOD  |  MONDAY, 2 SEP 2019
... from 0.35% per annum to 0.29%. Indirect costs are coming down from 0.15% per annum to 0%. The changes came into effect on August 29. Head of UBS Asset Management for Australia and New Zealand Bryce Doherty said: "UBS Asset Management is pleased to announce ...

Former Equip chief joins Cbus

KARREN VERGARA, KRISTI CHENG  |  FRIDAY, 30 AUG 2019
... on the lead role of strategy and growth. Two other executives have also been appointed. Nicholas Vamvakas joined Cbus in August as the group executive for strategy and growth, shortly after Equipsuper and Catholic Super named a new chief executive for ...

MLC Wealth appoints chief operating officer

KRISTI CHENG  |  FRIDAY, 30 AUG 2019
MLC Wealth has appointed a new chief operating officer from Westpac, who took the reins in mid-August. Anthony Lane joined MLC Wealth after nearly five years at Westpac subsidiary BT Financial Group, where he served as chief operating officer of BT ...