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Showing 1301 - 1310 of 4674 results for "Andrew"

Perpetual reports $212bn in AUM

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
In a Q4 2023 business update, Perpetual reported assets under management (AUM) of $212.1 billion, a 0.8% increase on the prior quarter. Perpetual credited positive markets and strong investment performance for contributing to an uplift of $4.5 billion ...

Macquarie reports decline in earnings amid weaker trading

ANDREW MCKEAN  |  THURSDAY, 27 JUL 2023
Macquarie Group has reported a decrease in earnings for the first quarter of 2024, influenced by weaker trading conditions. Macquarie chief executive Shemara Wikramanayake said the drop in profits was influenced by a reduction in investment related ...

Retail super funds plan to merge

ANDREW MCKEAN  |  WEDNESDAY, 26 JUL 2023
Centric Super is set to merge with encircle Super following the latter's trustee, Avanteos Investments, announcing the fund's closure. In a parallel development, Colonial First State Investments is also stepping down as the operator of encircle's managed ...

Marriage splits for Australia's richest

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... Australia's richest couples called it quits, resulting in a considerable loss of individual wealth. Australia's richest couple, Andrew (Twiggy) Forrest and his wife Nicola separated after 31 years of marriage but said the decision would have no impact ...

GBST snaps up Advice Intelligence

ANDREW MCKEAN  |  TUESDAY, 25 JUL 2023
GBST, a cloud-based SaaS wealth management provider, has acquired Advice Intelligence, the financial planning software provider that entered voluntary administration in May. GBST chief executive Robert DeDominicis said: "The acquisition positions GBST ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
... service currently in the works. Spaceship declined to comment when the solution will launch. Spaceship chief executive Andrew Moore said the company is in an exciting place. "As a company transforming the way young people think about and invest their ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... (Business Process as a Service) model, has been integral in delivering these improvements. Bravura interim chief executive Andrew Russell noted the world's pension funds are grappling with balancing the complexity of retirement schemes together with ...

Hamilton Lane targets sustained growth with revamped leadership

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
... and will remain with the firm as a senior advisor over the coming months to facilitate an orderly transition. Further, Andrew Schardt has been appointed vice chair, while retaining his current role as the firm's head of investment strategy. Hamilton ...

Mercer appoints first Wealth Pacific chief

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
Mercer has outlined its ambition to accelerate growth in the APAC region, appointing Cathy Hales as its chief executive of Wealth Pacific. Hales has oversight of Mercer's wealth portfolio across Australia and New Zealand, comprising the Mercer Super ...

Rethinking retirement: Focus on spending, not saving

ANDREW MCKEAN  |  FRIDAY, 21 JUL 2023
AMP general manager of retirement solutions Ben Hillier has emphasised the need to inspire more confidence in individuals approaching retirement. On a panel at a Financial Services Council (FSC) policy briefing on Thursday, Hillier said the predominant ...