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Showing 1381 - 1390 of 13908 results for "State"

Global small caps outperform Aussie counterparts: SSGA

ANDREW MCKEAN  |  THURSDAY, 28 SEP 2023
State Street says global small cap companies have consistently bested their Australian counterparts, offering higher annual returns and lower volatility. The US$3.6 trillion asset manager noted that the MSCI World Small Caps Index has yielded an 8.39% ...

Colonial First State appoints inaugural chief executive

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
Colonial First State (CFS) will welcome its first group chief executive, to commence early next year. Having stepped down as chief executive of Suncorp Bank today, Clive van Horen has been confirmed as the incoming chief executive for CFS Group. Announcing ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
Many large licensees are failing to proactively remediate clients in a fair and timely manner, operating under a framework that lacks appropriate oversight and accountability. ASIC measured large licensees against standards in Regulatory Guide 277 Consumer ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
DWS Investment Management's American operations will pay the US Securities and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an anti-money laundering (AML) program for mutual funds it advised. ...

VanEck to launch three fixed income ETFs

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... volatility. Each ETF will be a portfolio of Australian government and semi-government bonds. The Australian government and its state and territories' treasury corporations are highly rated and provide dependable income. "Investors can position their ...

Apostle names global distribution lead

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
... Citigroup Asset Management, National Custodian Services, Cogent Investment Administration, and also worked with JP Morgan and State Street. Apostle managing director Karyn West said she is thrilled with the appointment. "Kimon has a valued reputation ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
After ignoring an Australian Financial Complaints Authority (AFCA) determination, which was then escalated to the Federal Court, NextGen Financial Group is now in the process of winding up. WJ & V Drakoulis Super, the trustees of the SMSF that sued ...

Nanuk hires from Ellerston

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... wealth and client services consultant in reporting. His past experiences include working at New Forests and Colonial First State. Nanuk head of distribution Dan Powell said Irvine's background in the distribution sphere and energy will support the ...

State Street implements first rebrand in 50 years

CHLOE WALKER  |  FRIDAY, 22 SEP 2023
State Street has rebranded for the first time in over five decades, saying its new look represents its "history of firsts", with the branding unveiled alongside its new global headquarters. The new brand and digital-first visual identity has been designed ...

NAB to pay $2.1m for knowingly overcharging customers

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2023
NAB will pay $2.1 million in a fine issued by the Federal Court over knowingly overcharging customers certain fees and failing to tell them. The court has ordered the bank pay the penalty for continuing to charge periodic payment fees it knew was not ...