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Showing 1311 - 1320 of 3268 results for "January 29"

UniSuper awards small caps mandate

KANIKA SOOD  |  TUESDAY, 11 DEC 2018
UniSuper has awarded a boutique manager a $250 million mandate to manage small cap equities. The $70 billion industry fund chose Lennox Capital Partners, a firm that began at Challenger's multi-boutique business Fidante Partners last year. UniSuper ...

ASIC appoints second deputy chair

KARREN VERGARA  |  FRIDAY, 7 DEC 2018
ASIC has filled its second deputy chair position to replace Peter Kell, who finished up yesterday. Outgoing Productivity Commission deputy chair and commissioner Karen Chester will commence on 28 January 2019 for a five-year period. Chester was appointed ...

New Zealand reviews life insurance commissions

JAMIE WILLIAMSON  |  TUESDAY, 4 DEC 2018
New Zealand life insurers are paying the highest commissions to financial advisers in the world and the nation's Reserve Bank is concerned about the conduct risk it is creating. According to the Reserve Bank of New Zealand's latest Financial Stability ...

ASIC strips Melbourne firm of AFSL

KANIKA SOOD  |  MONDAY, 3 DEC 2018
The corporate regulator has cancelled the AFSL of a Melbourne-based firm that previously copped a $9 million fine for offering personal loans with the proviso customers implement financial advice from the firm. Financial Circle's Australian financial ...

New MD for AMP Capital NZ

KARREN VERGARA  |  MONDAY, 3 DEC 2018
AMP Capital announced a new managing director will lead its New Zealand subsidiary in the New Year. A new global head of fixed income has also been appointed. Bevan Graham will be the New Zealand managing director and chief economist from 1 January  ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
The Reserve Bank of Australia (RBA) painted an optimistic picture of the global and domestic economies when it held its policy meeting last month (6 November) before concluding that "...the stance of monetary policy unchanged at this meeting would be ...

Rest restructures senior management

KARREN VERGARA  |  THURSDAY, 29 NOV 2018
Rest announced several changes to its senior leadership team including five positions being made redundant and the creation of two new executive roles. A spokesperson confirmed the following positions have been made redundant: general manager of customer ...

Boutique fund house founder steps down

JAMIE WILLIAMSON  |  THURSDAY, 29 NOV 2018
The founder and managing director of a global real estate investment manager is stepping down. Sydney-based boutique Resolution Capital has appointed Sonia Luton as managing director with founder and current managing director Andrew Parsons stepping ...

Mercer creates portfolio management lead role

KARREN VERGARA  |  THURSDAY, 29 NOV 2018
Mercer is growing its Australian senior leadership team with the creation of a new portfolio management head. It also announced the retirement of its chief market strategist. Ronan McCabe will join as head of portfolio management commencing February ...

Labor franking credit changes fair but not the best: Grattan

KANIKA SOOD  |  MONDAY, 26 NOV 2018
Grattan Institute has called Labor's plan to end refunds of excess franking credits a "fair way" to improve the Federal Budget but it is still "second-best" as there are better solutions. Grattan's budget policy director Danielle Wood and fellow ...