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Showing 141 - 150 of 2284 results for Alex Burke

CBA and AUSTRAC agree to mediate

ALEX BURKE  |  FRIDAY, 23 MAR 2018
At the request of both parties, the Federal Court has referred the proceedings between CBA and AUSTRAC to mediation. The Court's decision also requires AUSTRAC to file and serve any reply to CBA's amended response by April 6 and set a timetable for ...

ASIC closes doors on Storm charges with two fines

ALEX BURKE  |  FRIDAY, 23 MAR 2018
Nearly a decade after ASIC began its investigation into Storm Financial, two directors have been fined $70,000 each for breach of duties. Emmanuel and Julie Cassimatis were previously disqualified from managing corporations for seven years. When they ...

Challenger chief becomes FSC deputy chair

ALEX BURKE  |  THURSDAY, 22 MAR 2018
Challenger chief executive Brian Benari has taken on a role on the board of the Financial Services Council. Benari will become the FSC's co-deputy chair, alongside BT Financial Group chief executive Brad Cooper. Benari said: "I'm pleased to take on ...

Don't fear the inflation reaper: Capital Group

ALEX BURKE  |  THURSDAY, 22 MAR 2018
Capital Group investment director Andy Budden believes if you have the requisite experience with different economic cycles, a moderately inflationary environment can be good for equity investors. Speaking at a media briefing in Sydney, Budden discussed ...

Pengana drives WHSP finance portfolio up 43pct

ALEX BURKE  |  THURSDAY, 22 MAR 2018
The performance of Pengana Capital Group, which was created following the Hunter Hall merger last year, drove Washington H. Soul Pattinson's 1H18 portfolio up 43.3%. Pengana delivered a $1.9 million contribution to WHSP's net profit during the period. ...

Findex names new managing partner

ALEX BURKE  |  THURSDAY, 22 MAR 2018
Findex has named the Crowe Horwarth managing partner of South Queensland. Mary Driscoll was previously a senior partner with Findex who oversaw the business advisory team. Before that, she was a principal at William Buck and a manager at DFK Australia ...

Placer Property launches new fund

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
Specialist manager Placer Property is launching its third retail property fund and has appointed two new directors. The 333 Exhibition Street Property Fund is investing a commercial office building in Melbourne which is leased to the University of Melbourne. ...

Mercer appoints head of superannuation

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
Mercer has named its new head of superannuation for the Pacific region. Darren Stevens joins Mercer from Bravura Solutions, where he was director, product management and strategy for five years. Before that his roles have included Bravura's head of ...

CGA acquires Switzer, appoints new chief executive

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
Contango Asset Management entered into an agreement to acquire all remaining equity in Switzer Asset Management and has appointed a chief executive. Contango currently owns 46.25% of Switzer AM. Consideration for the remainder will be 7,166,667 CGA ...

New trust lowers cost for retail access to corporate loan market

ALEX BURKE  |  WEDNESDAY, 21 MAR 2018
Metrics Credit Partners is seeking to raise $303 million for its listed corporate loan trust, giving retail investors more liquid access to a traditionally bank-dominated market. MCP's Master Income Trust (ASX: MXT) successfully raised $516 million ...