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Showing 1411 - 1420 of 6863 results for "CRED"

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
ASIC chair Joe Longo said the market regulator is currently investigating several listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're currently investigating ...

TCorp appoints real assets head

CHLOE WALKER  |  THURSDAY, 3 NOV 2022
James Murray has been appointed to head of real assets and private markets at TCorp. Having worked with TCorp since 2015, Murray previously held roles such as senior portfolio manager, diversified funds, defensive assets and credit, and acting head ...

APRA reinforces capital call expectations

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
New APRA chair John Lonsdale wrote to banks and general and life insurers to remind them of the prudential requirements for additional Tier 1 and Tier 2 capital instruments. "With global credit spreads widening significantly over the past 12 months ...

Hostplus hands Bell Asset Management $500m mandate

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
Hostplus has awarded Bell Asset Management a $500 million global small and mid-cap equity mandate. Hostplus chief executive David Elia said: "Bell's strong long-term performance record, the quality of the team and a disciplined investment approach ...

Credit Suisse restructures investment bank

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
Following a strategic review, Credit Suisse will undertake a "radical" restructure of its investment bank and cut thousands of jobs. Credit Suisse chair Axel P. Lehmann said the group has "become unfocused" in recent years and the new strategy is "the ...

Breach reporting improvements needed: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
Just 6% of licensees lodged a breach report in the first nine months of the reportable situations regime, with ASIC raising concerns that licensees still lack the systems and policies to identify and address issues. ASIC has released insights from the ...

Ironbark to distribute Robeco products

CHLOE WALKER  |  FRIDAY, 28 OCT 2022
A strategic partnership will see Ironbark Asset Management offer Robeco's emerging conservative equity, global developed sustainable enhanced index equity and SDG credit income strategies to wholesale investors in Australia. Robeco managing director ...

Nuveen to acquire Arcmont Asset Management

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
US-based investment manager Nuveen is buying European private debt group Arcmont Asset Management for an undisclosed amount. Nuveen, the investment manager of US teachers' pension fund TIAA, is hoping the acquisition will expand its private capital ...

Carrara Capital picks SS&C GlobeOp as fund administrator

CASSANDRA BALDINI  |  THURSDAY, 27 OCT 2022
Carrara Capital has appointed SS&C GlobeOp as the administrator for its recently launched multi-strategy fund. Carrara Capital was founded by former Concentrated Leaders Fund chief executive and Crestone chief investment officer David Sokulsky in 2020. ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
ANZ has been ordered to pay a $25 million penalty for failing to provide banking customers with promised benefits for about two decades. The Breakfree package was introduced in 2003 and was offered with several ANZ products including home loans, credit ...