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Showing 1501 - 1510 of 14064 results for "State"

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
Clime Investment Management is recalibrating to become a full-service private wealth business, anticipating a rise in advisory fee revenues as it contends with a decline in funds under management (FUM). Last week, the ASX-listed wealth company reported ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
ASIC has obtained interim orders from the Federal Court to freeze the funds and assets of Brite Advisors (Brite), a specialist in moving private UK pension savings offshore. The global advisory, pension administration and asset management provider came ...

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
... attracting more capital from overseas investors under the new Corporate Collective Investment Vehicle (CCIV) regime. The State of the funds management industry report, prepared by KPMG, provided a snapshot of the industry, which includes 674 fund managers ...

PGIM executive quits after less than two years

ELIZABETH FRY  |  FRIDAY, 27 OCT 2023
... Brewer suddenly left after just three months as head of PGIM's Australia client group. Although PGIM did not explicitly state that both executives would be replaced, a spokesperson stressed that Australia remains a key part of the asset manager's ...

Institutions must come to the table now: First Australians Capital

CASSANDRA BALDINI  |  FRIDAY, 27 OCT 2023
First Australians Capital (FAC) managing partner Benson Saulo wants to see financial institutions come to the table and back the Indigenous business sector. Ahead of the launch of FAC's Catalytic Capital Impact Fund which aims to support Indigenous-led ...

Russell Investments executes local leadership revamp

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
Russell Investments has devised a series of executive appointments to bolster the firm's expansion efforts across the APAC region. Tim Furlan, with nearly two decades of experience in senior roles at Russell Investments' Master Trust and Superannuation ...

ASIC's pursuit of Mayfair 101 founder faces setback

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
The corporate regulator's bid to run an expanded case against Mayfair 101's James Mawhinney was rejected by the Federal Court yesterday, with the judge saying fresh claims brought by ASIC would place Mawhinney in "significantly greater jeopardy." Having ...

EG grows private wealth strategy

CHLOE WALKER  |  THURSDAY, 26 OCT 2023
... management, structured investments, and commercial property. Prior to joining EG, Weingarth served as Charter Hall's NSW state manager for private wealth and capital raising. He has also held senior roles at Macquarie Group, BT Financial, and Perpetual. ...

Dexus on the hunt for new chief executive

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
... three years. His commitment to excellence and innovation is impressive." Prior to Dexus, Steinberg served as Colonial First State managing director, property and Stockland chief executive, shopping centre division. His next career move remains unknow ...

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
The Federal Court has found in favour of Diversa in the case brought by ASIC in 2021 which alleged the trustee knew about a now banned adviser's dodgy behaviour but failed to act. In October 2021, ASIC commenced civil penalty proceedings against ...