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Showing 1311 - 1320 of 23514 results for "Chief"

Inflation continues to drop, calls for RBA cut grow

ELIZA BAVIN  |  WEDNESDAY, 25 JUN 2025
... think the cash rate might still end the year at 3.10%, as the RBA might take a pause after frontloading cuts." Betashares chief economist David Bassanese agreed a July rate cut could be on the cards as deflation continues. "The substantial easing in ...

Perpetual IM switches member admin provider

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... registry services for its wholesale, WealthFocus and Select Investment funds, superannuation and pension products. Perpetual chief operating officer for Australia Daren Donnellan said: "In selecting MUFG for this complex transition, Perpetual receives ...

Old challenges push asset managers to inflection point: Citi

KARREN VERGARA  |  WEDNESDAY, 25 JUN 2025
... industry to an inflection point and will likely see further consolidation via mergers and acquisitions. CREATE-Research chief executive Amin Rajan said the "profit dynamic is worsening with the rise of passive funds." "Defined benefit pension plans are ...

Uncertainty propels investors towards active managers

MATTHEW WAI  |  WEDNESDAY, 25 JUN 2025
... the S&P 500 as the index giving investors the greatest cause for concern about market concentration. Schroders Australia chief executive and chief investment officer Simon Doyle said Australian investors are demonstrating a clear shift towards diversification ...

Australia's largest real estate fundie pulls ahead of the pack

ANDREW MCKEAN  |  TUESDAY, 24 JUN 2025
... encouraging to see such strong growth in Australian managers' AUM in 2024, reflecting renewed investor confidence," ANREV chief executive Charles Haase said. "With asset performance in the Australian market showing signs of recovery, and given Australia's ...

Shaw and Partners splashes $63m for New Zealand expansion

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
... Services' assets under advice close to $45 billion. Under the agreement, the ISG business will report to Shaw and Partners' chief executive Earl Evans. The acquisition will strengthen Shaw and Partners' presence across the New Zealand market, supporting ...

Life insurer chief executives step down, successor named

MATTHEW WAI  |  TUESDAY, 24 JUN 2025
Acenda Group is set to welcome a group chief executive, as Kent Griffin and Tim Tez announce their departures. Former Westpac executive Chris de Bruin has been appointed chief executive of Acenda Group, subject to regulatory approvals of the merger ...

SMC backs principles-based approach to corporate governance

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
... risk, perceived conflicts, and personal affiliations, in the prudential standard on fitness and propriety assessments. SMC chief executive Misha Schubert said good governance is fundamental to advancing the interests of the millions of Australians with ...

TWG Global to acquire LA Lakers: Reports

KARREN VERGARA  |  MONDAY, 23 JUN 2025
... plans to increase commitments from itself and other partners and clients over time, up to $31 billion (US$20bn). TWG Global chief executive and co-chair Mark Walter is also the chief executive of investment and advisory financial services firm Guggenheim ...

Global X scales higher on the ETF issuer podium

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
... ETF issuers, overtaking State Street, having vaulted its assets under management (AUM) past the $10 billion mark. Global X chief executive Alex Zaika said the firm has leapfrogged State Street and cemented its position as one of Australia's fastest growing ...