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Showing 1621 - 1630 of 19566 results for "Ban"

ASIC, RBA set high expectations for ASX

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2023
ASIC and the Reserve Bank of Australia (RBA) have set out high expectations for the ASX to get the CHESS replacement right, forcing it to consult on all matters on the CHESS replacement with the newly established oversight body. In a joint letter, the ...

Strategic reset delivers for Count

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2023
Count has seen growth in its wealth business, with aggregated revenues rising 24%, gross business earnings up 19%, and a significant jump in adviser numbers. In "a year of transformation", Count reported a very slight decline in net profit after tax ...

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
A panel discussion at the AIST Superannuation Investment Conference (ASI) delved into the performance of private credit markets and highlighted nascent investment opportunities. QIC head of multi-sector private debt Phil Miall, IFM Investors executive ...

Barings expands APAC team

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
The global investment manager has appointed Aaron Thirukumar and Sabrina Kwek to the position of director for institutional sales and senior director for wealth distribution, respectively. In their new roles, Thirukumar and Kwek will be responsible ...

State Super partners with analytics firm

KARREN VERGARA  |  TUESDAY, 29 AUG 2023
The $38 billion State Super has selected a global data and analytics firm that recently launched in Australia to provide portfolio and risk solutions. State Super senior investment manager Alan Chan said the fund chose Premialab for its ability to deliver ...

ART, AvSuper closer to merging

KARREN VERGARA  |  MONDAY, 28 AUG 2023
The merger between AvSuper and Australian Retirement Trust (ART) has advanced to the next stage as they have now entered a Heads of Agreement. The agreement confirms the intention of both parties to proceed with the merger in good faith, AvSuper told ...

Super, retirement unit cushions Link's massive loss

KARREN VERGARA  |  MONDAY, 28 AUG 2023
Link Group's retirement and superannuation business helped cushion the massive $418 million loss in the 2023 financial year, despite losing HESTA as a major client. Link's Retirement and Superannuation Solutions (RSS) unit, which contributes ...

MA Financial strengthens lending business

CHLOE WALKER  |  MONDAY, 28 AUG 2023
MA Financial Group has reported strong growth in its private credit book, rising 59% to $564 million, with joint chief executive Chris Wyke saying the group's focus on the asset class is paying off. This, the group said was driven by the accelerating ...

Treasury names new ASIC commissioners

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
The federal treasurer has named three new commissioners who will spearhead ASIC for the next five years, as incumbents Danielle Press, Sean Hughes and Karen Chester wrap up their terms. CHOICE chief executive Alan Kirkland, Commonwealth Bank chief risk ...

Corporate fund inks deal with Link

ANDREW MCKEAN  |  THURSDAY, 24 AUG 2023
The partnership, slated for completion by 2024, will also bring Link's PathFinder retirement platform to ANZ Staff Super. Pertinently, more than a third of the fund's members are aged 50 and over. It brings to an end the fund's longstanding relationship ...