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Showing 1371 - 1380 of 19972 results for "Bill"

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... balance of $50 million, the relevant minister at the time will make a determination. If financial advisers end up footing the bill, CPA Australia's spokesperson on financial advice Richard Webb said financial advisers could see their levies potentially ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
Jun Bei Liu is ambitiously setting her sights on doubling the size of her hedge fund to $3 billion as it launches under a new outfit, TenCap. On February 1, the Tribeca Alpha Plus Fund became the TenCap Alpha Plus Fund following Liu's separation ...

Anthony Doyle joins Schroders as director

ROSE MARY PETRASS  |  MONDAY, 3 FEB 2025
Schroders Investment Management has nabbed former Firetrail Investments head of investment strategy Anthony Doyle to be its director of global equities investment. Reporting to Ray Macken, head of client group, Australia and New Zealand, Doyle is based ...

Jones instigates CSLR review, levy hits $70m

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
... and blamed the failures of Dixon Advisory & Superannuation Services (DASS) and United Global Capital (UGC) for the massive bill. A whopping 92% of the total claims it expects to pay relate to these two firms. Of the $77.9 million total estimate, $70.11 ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
Financial Services Council (FSC) chief executive Blake Briggs has said the regulatory pendulum for the superannuation, funds management, and financial advice sectors has swung too far over the last decade under successive governments. It's time for ...

Lendlease makes $235m divestment

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
Lendlease has entered into a binding agreement with Sojitz Corporation, a diversified Japanese trading company, for the sale of Capella Capital for a consideration of $235 million. The sale adds to the $1.9 billion of announced capital recycling initiatives ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
Superannuation funds' promotional expenses continue to balloon as new APRA data shows that AustralianSuper has the biggest marketing budget while Hostplus continues to splurge on sponsorship deals. Hostplus splashed a staggering $13.7 million on ...

Canadian pension fund names new CIO

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
Canada's Public Sector Pension Investment Board named a new investment chief of PSP investments and a new head of the pension fund's private markets subsidiary. Patrick Charbonneau has been appointed chief investment officer of PSP Investments. ...

VFMC wraps up leadership changes

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
Victorian Funds Management Corporation (VFMC) has fine-tuned its absolute returns team following an overhaul of the investment function late last year. The absolute returns team manages private credit and hedge fund exposures within client portfolios. ...

Workplace expert joins Aware Super in new role

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
Aware Super has appointed Breckon Jones to the newly created role of head of growth, talent, and reward. Jones joins the $190 billion superannuation fund from iCare NSW, which manages the insurance and care services to the people, businesses and communities ...