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Showing 1471 - 1480 of 17566 results for "Report"

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
Aviva Investors is shuttering its Australian office and moving operations offshore as it also terminates its strategy, the Multi-Strategy (AIMS) Target Return Fund. Aviva told investors that it has "recently made the decision to close the investment ...

Retirement Income Covenant still weak: APRA, ASIC

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... their strategies, especially as this was highlighted as one of the key areas in need of improvement in the thematic review report. "Without effective success metrics, how can trustees know that their strategies are working? Members deserve better," she ...

AllianceBernstein appoints chief AI officer

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
AllianceBernstein announced Andrew Chin has been named the investment firm's first-ever chief artificial intelligence officer. Chin has been working with the firm for 27 years having started as chief risk officer and head of quantitative research ...

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... by 24.5% and are expected to rise more sharply in the current financial year, reflective of higher debt. Meanwhile, the report said that although higher interest rates have taken some time to filter through to company operations, the impact has now really ...

AIA Australia releases new member insurance portal

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
AIA Australia has launched a new member insurance portal that enables group insurance customers to track their claims throughout the lifecycle. The portal promises real-time updates on claim statuses. It also offers features such as instant document ...

FSC releases new standard on scam mitigation

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
The Financial Services Council (FSC) and its superannuation funds members have adopted a new standard to protect consumers from financial harm. The FSC's Standard demonstrates its members' commitment to protecting customers from scams and fraud by setting ...

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
ASIC has cancelled the licence of Guildfords Funds Management and banned its managing director Robert Payne for their involvement in the collapse of Magnolia Capital Group. ASIC found "significant and systemic failures of oversight and compliance" upon ...

PGIM expands APAC team with local hire

ELIZABETH FRY  |  FRIDAY, 28 JUN 2024
... real estate debt and equity strategies, as well as private credit and private equity investment solutions. Greyling will report to Eduard Wehry, head of Asia Pacific business development for private alternatives. The recruit has over 15 years' experience ...

Coller Capital hires former J.P. MAM executive

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2024
... Hallifax most recently was the head of Australia and New Zealand at S64, a global private markets platform. Hallifax will report to Boris Maeder, who was recently appointed as head of international private wealth distribution. London-headquartered Coller ...

Four out of five workers to search for new jobs: Hays

ANDREW MCKEAN  |  WEDNESDAY, 26 JUN 2024
... years the pendulum has swung to 61% of employees expecting a pay increase of more than 3%," he said. He added that the report also found businesses are becoming more optimistic with 64% believing that business activity will increase in the year ahead ...