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Showing 1531 - 1540 of 6512 results for "Jul"

T. Rowe Price names new executive

ELIZA BAVIN  |  WEDNESDAY, 24 FEB 2021
T. Rowe Price has promoted from within to appoint a new wholesale and family office distribution lead for Australia and New Zealand. The global asset manager announced the appointment of Jacqui Arnott who has been working at the firm since 2015. Arnott ...

Seek launches investments arm

ELIZA BAVIN  |  TUESDAY, 23 FEB 2021
Seek's founder and long-time chief executive Andrew Bassat is transitioning into a new role within the company as the chief executive of its new venture, Seek Investments. Seek said Seek Investments will focus on being an investor and business builder ...

Industry fund expands leadership team

KARREN VERGARA  |  MONDAY, 22 FEB 2021
A $16 billion superannuation fund has welcomed two members to its executive team, as well as a portfolio manager from Victorian Funds Management Corporation. Sam Horskins is the new chief financial officer at CareSuper, overlooking the statutory and ...

BOQ acquires ME Bank

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
Bank of Queensland has acquired industry super-owned ME Bank for $1.325 billion. The move sees BOQ acquire 100% of ME Bank for $1.325 billion cash, funded by an underwritten capital raising of $1.35 billion. The price represents 1.15 times ME's ...

Woodside results vindicate divestment argument: Activists

ELIZABETH MCARTHUR  |  FRIDAY, 19 FEB 2021
Woodside Petroleum's annual results, with a $US4.028 billion net loss for 2020, are food for thought for super funds, according to divestment activists. Several of Australia's largest super funds have significant holdings in Woodside. It appears ...

J.P. Morgan dominates custody market

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
J.P. Morgan has remained the largest custodian in Australia since 2016, when it bumped off NAB Asset Servicing, closing in on nearly $1 trillion of assets. The Australian Custodial Services Association's (ACSA) biannual statistics revealed J.P. ...

Rest extends State Street relationship

KANIKA SOOD  |  WEDNESDAY, 10 FEB 2021
The $59 billion industry fund has mandated its custodian State Street to streamline operations in its investment portfolio. Rest will implement Charles River Development Investment Management Solution (IMS) for in-house investments and 'whole-of-fund' ...

ASFA calls for super fairness

ANNABELLE DICKSON  |  WEDNESDAY, 10 FEB 2021
The Association of Superannuation Funds of Australia (ASFA) has recommended the government remove the indexation of the transfer balance cap and to cap balances at $5 million to balance the system. In its pre-budget submission, ASFA focused its recommendations ...

Executive shuffle at Macquarie Group

ELIZA BAVIN  |  TUESDAY, 9 FEB 2021
Macquarie Group has announced a new head of its asset management business and bank as long-time executives step down. Announced as part of Macquarie's results today, Martin Stanley will be stepping down as group head of Macquarie Asset Management (MAM) ...

CFA Institute offers free exam deferral

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
The CFA Institute is allowing all candidates registered for the Level I exam in February to defer to later in the year for free and without providing a reason. "While we remain confident that most locations will successfully administer February Level ...