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Showing 1461 - 1470 of 13910 results for "State"

Credit Suisse fined $575m by regulators

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
US and UK regulators have imposed fines of $575 million (US$388 million) on the bank for risk management and governance failures related to the collapse of Archegos Capital Management. The US Federal Reserve has issued Credit Suisse a $394.84 million ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
ASIC is taking Vanguard to court over greenwashing allegations relating to a global bond index fund. This is the second time the market regulator has acted against Vanguard over greenwashing. ASIC has lodged civil penalty proceedings in federal court ...

Aware Super migrates members to Bravura platform

ANDREW MCKEAN  |  MONDAY, 24 JUL 2023
... executive Deanne Stewart noted the move, initially driven by the need to consolidate operations post the mergers with First State Super, VicSuper, WA Super, and State Plus, has positioned the $160 billion fund at the forefront of digital engagement within ...

FICAP 2023: Countdown is on

CASSANDRA BALDINI  |  FRIDAY, 21 JUL 2023
... platinum sponsors BlackRock, Challenger, and Ironbark, as well as gold sponsors, Australian Unity, AZ NGA, BT, Colonial First State, EFEX, Global X ETFs, HUB24, KPMG, Magellan, Montgomery Investments, NMG Consulting, Pendal, PIMCO, Profusion Group, Schroders ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
The prudential regulator is reinforcing the importance of superannuation funds to conduct more rigorous and frequent stress testing amid the fracas over valuations in the property sector. In updating Prudential Practice Guide SPG 530 Investment Governance ...

Schroders hires AMP operative

ELIZABETH FRY  |  FRIDAY, 21 JUL 2023
... as manager of diversified funds at AMP Capital. Previously, he worked at van Eyk Research, IOOF Investment Management and State Street Global Advisors. Morcos said Wu's experience across investment management and his knowledge of fixed income and ...

NGS Super expands leadership

ELIZABETH FRY  |  FRIDAY, 21 JUL 2023
NGS Super chief executive Natalie Previtera has expanded her leadership team by promoting three more executives to run strategy, investment operations and legal and governance. The promotions follow last week's appointments which saw chief strategy ...

Colonial First State chalks up strong super returns

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
Colonial First State (CFS) has recorded double-digit returns across several of its default superannuation products for FY23. The CFS FirstChoice Employer Super growth fund (Lifestage 1975-1979) delivered a 12.2% return. The CFS FirstChoice Employer ...

Iress appoints former Pendal veteran

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
Cameron Williamson joins the group as its chief financial officer after more than 15 years at Pendal Group. Williamson will step into the new position next Monday, reporting to Iress chief executive Marcus Price. The announcement follows former Iress ...

Pinnacle makes senior hire for American distribution

CHLOE WALKER  |  TUESDAY, 18 JUL 2023
... Management Group (Pinnacle) has appointed Michael Putica as managing director, Americas. Putica has spent the last 17 years at State Street Global Markets as both its managing director, portfolio solutions and its head of sales, portfolio solutions ...