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Showing 141 - 150 of 400 results for "Rena"

IOOF completes licence conditions

ELIZABETH MCARTHUR  |  FRIDAY, 15 NOV 2019
IOOF provided an update to investors on the state of its licence conditions imposed by APRA in December 2018. The independent reviewer charged with assessing the status of compliance with the licence conditions identified 43 actionable items were required ...

Colonial First State appoints distribution lead

KANIKA SOOD  |  THURSDAY, 14 NOV 2019
Colonial First State has appointed a new general manager for its distribution functions, while renaming it to CFS Advice Relationships. Bryce Quirk was announced as the general manager of CFS Advice Relationships this morning to staff and advisers. ...

Boutique launches global equities fund

KANIKA SOOD  |  TUESDAY, 5 NOV 2019
A boutique founded by former Goldman Sachs equities investors is launching a new global equities fund. Auscap Asset Management was co-founded in 2012 by Tim Carleton and Matthew Parker who were both executive directors at Goldman Sachs, responsible ...

IOOF to cut bonuses, pays Kelaher millions

ELIZABETH MCARTHUR  |  TUESDAY, 29 OCT 2019
IOOF's annual report includes details of the termination remuneration for former managing director Christopher Kelaher. The report shows Kelaher received a termination payment of $1,273,379 in lieu of his contractual notice period along with additional ...

ASIC imposes AFSL conditions on IOOF

JAMIE WILLIAMSON  |  MONDAY, 28 OCT 2019
The corporate regulator has imposed additional licence conditions on IOOF Investment Services to improve conflicts management. According to ASIC, IOOF Investments Services Limited (IISL) sought a variation of its licence in order to transfer a managed ...

IOOF struck by outflows, former chair resigns

ELIZA BAVIN  |  FRIDAY, 25 OCT 2019
IOOF has reported $133 million in quarterly net outflows from its financial advice and investment management businesses for the 3 months to 30 September. The Financial Advice division had $33 million of net inflows compared to $119 million of net inflows ...

IOOF acquires OnePath at a discount

ELIZA BAVIN  |  THURSDAY, 17 OCT 2019
IOOF has secured the sale of ANZ's OnePath pensions and investments business for $850 million, down from the original sales price of $975 million announced in October 2017. ANZ said the new price includes around $25 million that it has already received ...

Fund Manager of the Year revealed

JAMIE WILLIAMSON  |  MONDAY, 14 OCT 2019
The Fund Manager of the Year has been named at the eighth annual Zenith Fund Awards, with the winner also taking out top honours for infrastructure and international equities excellence. Magellan Asset Management took home the Fund Manager of the Year ...

IOOF divests Perennial Value

ELIZABETH MCARTHUR  |  FRIDAY, 11 OCT 2019
IOOF has divested its equity stake in Perennial Value Management, with senior executives of the firm acquiring its interest. IOOF had a 52.4% equity interest in Perennial but 42.4% voting rights and dividend entitlements. IOOF said in a statement that ...

IOOF expands advice team

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2019
The wealth manager has welcomed Leanne Gregory-Aylett to its advice team under the newly created position of general manager advice delivery. Gregory-Aylett has over 20-years' experience in the financial services sector having previously held positions ...