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Showing 1371 - 1380 of 6679 results for "Sale"

Geoff Lloyd to leave MLC

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... to IOOF. MLC's chief corporate services officer Andrew Morgan will oversee MLC's day-to-day operations while the sale to IOOF is completed. "This is a natural progression and reinforces the focus he brought to the process and to achieving the ...

Fund manager hires client experience lead

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
A $2.6 trillion ($1.9tn) global fund manager has hired a sales and marketing expert to a newly created role. Capital Group named James Cardew as its new head of marketing and client experience for Asia and Europe, responsible for overseeing institutional ...

New deputy Aussie equities head at Aberdeen Standard

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
Aberdeen Standard Investments has appointed a new deputy head of Australian equities, after Michelle Lopez replaced Robert Penaloza as the head last year. Natalie Tam is moving into the role after 15 years on the team. She first joined Aberdeen as an ...

MLC appoints new head of insto distribution

ELIZABETH MCARTHUR  |  THURSDAY, 1 OCT 2020
... appointed a head of institutional distribution, a new role that has been created as the business transitions following the sale to IOOF. Read Taylor Price steps into the role, joining MLC from Fisher Investments where he has been since 2007. He was most ...

APRA resumes life insurance intervention

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
... COVID-19 in March. Since December, APRA said life insurers and friendly societies have lost a further $1.4 million due to the sale of individual disability income insurance. From October 1, individual disability income insurance providers will be subject ...

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
J.P. Morgan will be forced to cough up more than $1.3 billion (US$920 million) after entering into an agreement with the US Department of Justice, the US Commodity Futures Trading Commission and the US Securities and Exchange Commission. The agreements ...

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... divestment of its life insurance business to AIA Group. CBA has received a payment of approximately $450 million for the sale of CommInsure Life with the proceeds resulting in a pro forma increase to the bank's Common Equity Tier 1 ratio of eight basis ...

ETFs undermine product comparison: Research

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
The proliferation of products in the booming exchange-traded funds market is confusing investors and making it impossible to make like-for-like comparisons. New research from the US shows the exchange-traded product industry operates opaquely on many ...

Former Ellerston executive in new role

ANNABELLE DICKSON  |  TUESDAY, 29 SEP 2020
Ellerston Capital's former head of institutional sales and client relations has nabbed a new role as head of marketing at a global investment manager. Melinda Carter has joined L1 Capital as its new head of marketing, having left Ellerston in April ...

IRESS caves in, ups OneVue bid

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... environment which is seeing a further major disruption at the big end of town (with IFL moving on MLC, AMP and BTFG possibly for sale, and Colonial moving to KKR), it is creating an unprecedented opportunity in the independent space, and one that OVH ...