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Showing 1291 - 1300 of 6960 results for "March"

BetaShares appoints chief financial officer

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
... growth and strategic investments, we decided to appoint a CFO," he said. BetaShares has $17 billion in total assets. In March, US private equity firm TA Associates bought a roughly 50% share in BetaShares Holding s, replacing Korea's Mirae Asset ...

Low FASEA pass rate continues

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
The March FASEA exam results show that January's lower pass rate may become a trend in 2021. A total of 69% of candidates passed the March exam, better than the 67% that passed in January but below the 76% that passed in November last year. The ...

Chief economist update: Iron ore is the glue that binds China and Australia

BENJAMIN ONG  |  TUESDAY, 11 MAY 2021
... consumer (69.1% of total world iron imports) - where crude steel production continues surge (up by 19.1% in the year to March from 12.9% in the January-February period) as Chinese mills lift production on the back of expectations for increased demand ...

Sunsuper raises ICR by 19bps

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... returns reflected in our investment option unit prices." Sunsuper's Balanced option returned 21.3% for the year to 31 March 2021, compared to the industry average of 19.3%, the fund said in a statement. "..The ICR performance-related costs are incurred ...

State Street appoints APAC head of asset managers

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... Street had $40.3 trillion in assets under custody and/or administration and $3.6 trillion in assets under management at March end. It has been in APAC for almost 40 years and is the biggest institutional manager in Australia, according to Rainmaker I ...

Statewide not contesting ASIC allegations

KANIKA SOOD  |  MONDAY, 10 MAY 2021
The $10.8 billion industry fund will not contest ASIC's March allegations against the fund regarding administration of group insurance policies. O n March 4, the corporate regulator commenced civil penalty proceedings against Statewide alleging it had ...

Pengana appoints manager

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... Opportunity. The two manager changes follow J ordan Cvetanovski and Steven Glass's surprise walkout from the business in March. The duo co-founded Pengana's international equities business in 2015 left the firm with immediate effect.

Investec fund in management buyout

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... deal that underscores Investec's retreat from the Australian market. Metrics Credit Partners reached an agreement in March to buy Investec's local corporate and acquisition finance loan portfolio. Commencer is backed by Alteris Financial Group ...

Macquarie Wrap reaches new milestone

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
The Macquarie Wrap platform has hit new heights, recording over $100 billion in assets under administration. As at 31 March 2021, Macquarie Wrap has $101.4 billion in AUA, 21% market share and annual flows of $4.9 billion. Head of wealth product and ...

AFA appoints partnerships GM

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... Financial Advisers has appointed a general manager of partnerships who joined from AMP. Cameron Burne joined the AFA in March and was most recently a partnership manager at AMP Financial Planning. He spent over eight years with the AMP group and prior ...