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Showing 1411 - 1420 of 10524 results for "SET"

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
... manager selection, portfolio construction, implementation, and portfolio performance across the superannuation fund's set of listed equity portfolios. Meantime, Simon Warner has been named head of portfolio management, while Justin Howell was appointed ...

Australian Ethical unveils new moderate fund

CHLOE WALKER  |  FRIDAY, 11 AUG 2023
The Australian Ethical Moderate Fund is set to launch at the end of the month and aims to offer a new, more balanced risk profile for investors. Speaking with Financial Standard, Australian Ethical deputy chief investment officer and head of multi asset ...

Barwon snaps up $124m of healthcare assets

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... demand for exposure to this asset class, which we are well positioned to provide to investors." In October, Barwon is also set to finalise the purchase of a day surgery at 87 Ipswich Road, Buranda, Queensland for $72 million. The Queensland Eye Institute ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... Financial Adviser Class Action fallout, AMP has suspended its capital return, with a resolution expected by year-end. AMP has set aside a $50 million provision, reflecting its preliminary assessment of potential liabilities associated with the advice ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... cases of 'suffering a permanent severe psychiatric incapacity'. Meanwhile, in a significant event notice, First Super also set the record straight on how the fund credits investment earnings. Historically, investment earnings have been completed monthly ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
BNP Paribas Securities, Moelis & Company, and Wells Fargo are among 11 firms that copped massive fines that totalled US$289 million ($442m) after the Securities and Exchange Commission (SEC) found that they used personal apps to conduct business. From ...

ASIC looking to send message with eToro action

CASSANDRA BALDINI  |  WEDNESDAY, 9 AUG 2023
... their money and that those losses are substantial." After the Royal Commission, the government introduced a comprehensive set of new laws aimed at safeguarding consumers and investors, particularly in relation to DDO. "In the proceedings that we filed ...

Ignition poaches from Bravura Solutions

CHLOE WALKER  |  WEDNESDAY, 9 AUG 2023
Former Bravura Solutions head of portfolio solutions Darren Speirs is set to become Ignition Advice's new business development director for Asia Pacific. Speirs brings over 25 years' experience in the Australian wealth management industry, the last ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... their life, only to see those funds shift to a non-compliant fund upon retirement. "We've made it easy and hassle-free to set up an Islamic super account and account-based pension that aligns with members' beliefs and values. Under each of the ...

Treasury consults again on FFSP exemptions

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... derivatives that are able to be traded on a specified licensed market. Those who use this exemption must also comply with the rules set out under the professional investor exemption. Finally, in a bid to fast-track licensing for those seeking to establish ...