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Showing 1541 - 1550 of 3264 results for "DECADE"

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... be happy to just move on," Somasundaram said. "It is not good for shareholders but AMP has been a bad investment for a decade and unlikely to improve anytime soon." Somasundaram said despite it not being an appealing offer for shareholders it would be ...

Public servants caught in SG bungle

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
A government agency has botched superannuation benefit payments spanning a decade, affecting more than 56,000 employees who are owed tens and millions of dollars. The Northern Territory government owes about $39.5 million in superannuation contributions ...

Powerwrap exec jumps to Insync

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
The head of distribution at Powerwrap has moved into a new executive role at Insync Funds Management. Following Powerwrap's acquisition by Praemium, Wes Gillett has been appointed national distribution manager at Insync. Gillett was head of distribution ...

Carlyle buys into Calastone, ups Link bid

KARREN VERGARA  |  TUESDAY, 27 OCT 2020
... international expansion, Chueca said. Calastone chief executive Julien Hammerson said the firm has made great strides in the past decade to meet the needs of customers and investors in reducing friction and costs within the mutual fund industry. "Our ...

Tasmania remains best performing state: CommSec

ANNABELLE DICKSON  |  MONDAY, 26 OCT 2020
... were Victoria, NSW and Queensland," he said. Victoria led the states with relative economic growth sitting 23.2% above its decade-average of output. Western Australia followed at 20.4%, ACT up 20.2%, Tasmania up 19.9% and Northern Territory up 18.7%. ...

Pendal appoints head of institutional

KANIKA SOOD  |  FRIDAY, 23 OCT 2020
Pendal Group has hired an IFM Investors executive director as its new head of institutional for Australia which has $19.8 billion in assets. Nicki Ashton will start in the role on November 9 and report to Pendal's head of Australian distribution ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
Some retail AMP Life customers received a steep premium increase on their income protection policies recently. Customers in a legacy product from the life insurer were notified by letter or email that following a review of premiums, they would be paying ...

IOOF fund operations lead departs

JAMIE WILLIAMSON  |  THURSDAY, 22 OCT 2020
IOOF's head of fund operations has farewelled the group after more than two decades. A spokesperson for IOOF has confirmed the departure of Steven Sorraghan, head of fund operations. His leaving marks the end of a lengthy career with the group, as Sorraghan ...

Worst investment ideas revealed: ARK

ELIZABETH MCARTHUR  |  THURSDAY, 22 OCT 2020
... of urban transit, ARK expects US auto sales to drop from 17 million units today to roughly 10 million by the end of the decade," ARK said. In the US, ARK estimates robo-taxis will put US $8 trillion of public equity at risk. "Based on our research, also ...

IFM Investors executive director departs

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
IFM Investors' head of Australia, global relationships group has left a year after joining in the newly-created role. Nicki Ashton joined IFM in September last year. She was responsible for IFM's business development and investor relations agenda ...