Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1471 - 1480 of 6679 results for "Sale"

AMP Life awards mandate post acquisition

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
A trustee has been appointed to AMP Life's superannuation funds, which hold more than $7 billion, following the sale of AMP Life to Resolution Life. Equity Trustees will be trustee for the super funds, replacing current trustees N M Superannuation and ...

Foreign exchange broker banned

ALLY SELBY  |  TUESDAY, 30 JUN 2020
ASIC has banned a former foreign exchange broker from the industry for three years, after it was found he was not fit to provide financial services and had not complied with related laws. Steven Marsh, a former employee of Forex Capital Trading, engaged ...

Schroders director jumps to Robeco

KANIKA SOOD  |  TUESDAY, 30 JUN 2020
An investment director in Schroders local business is moving to Robeco, as the latter adds two others to its Asia Pacific team. Rupeng Chen worked on Schroders' global and emerging market quantitative equity products across Asia Pacific, based out of ...

New advice compliance solution launches

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
... environment, McHale added. "Both financial planning and mortgage broking were once very transactional industries driven by the sale of product, but that has now changed and they recognise the value of ongoing client relationships," he said. Further ...

New multi-boutique launches in Sydney

KANIKA SOOD  |  MONDAY, 29 JUN 2020
A former head of research for Morphic Asset Management has launched a multi-boutique, aiming to partner with investment managers looking for distribution support. Mantis Funds, led by Timothy Cheung as chief executive, picked up Dalton Street Capital ...

OneVue scores admin mandate

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... general manager operations and enterprise services Sarah Kelher said. In a separate update, this morning it said Madison's sale to Clime has been completed as Taiping Trustees gives it consent. But OVH and Taiping will continue to fight over the proceeds ...

McMillan Shakespeare restructures operations

ALLY SELBY  |  MONDAY, 29 JUN 2020
The economic disruption of the COVID-19 pandemic has seen McMillan Shakespeare restructure its UK business and announce it will fork out $8 million to acquire the remaining stake in an Australian organisation. McMillan Shakespeare is a single source ...

Former BMO head joins big four executive line-up

ALLY SELBY  |  MONDAY, 29 JUN 2020
A former business banking head at the Bank of Montreal will relocate to Australia, after he nabbed a role as the group executive of business and private banking at one of the country's big four banks. Andrew Irvine has been appointed in the role at ...

German fintech goes bust, $2.9bn gone

ELIZA BAVIN  |  FRIDAY, 26 JUN 2020
German fintech Wirecard, has filed for insolvency after revealing over $2.9 billion in cash missing from its balance sheet didn't exist. The company's former chief executive Markus Braun was arrested days after stepping down over allegations of inflating ...

Pinnacle hires Japan sales exec

KANIKA SOOD  |  THURSDAY, 25 JUN 2020
ASX-listed multi-boutique house Pinnacle Investment Management has hired Colonial First State Global Asset Management's former Japanese sales lead, as it looks to build its presence in the region. Hajime Kobayashi joined Pinnacle last month, as ...