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Showing 1621 - 1630 of 10361 results for "Trust"

2024 to be a watershed year: FAAA

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2024
The Financial Advice Association Australia (FAAA) expects a year of positive change, including cutting costs for advisers, greater engagement with consumers, and rising adviser numbers. Outlining its priorities and expectations for 2024, the FAAA has ...

Loftus Peak to take over Orca fund

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... transition expected to occur early this year after having already been approved by the responsible entity, Perpetual's The Trust Company. It was said the decision was made as, despite its best efforts, Orca has not been able to grow the fund to its ideal ...

More outflows for Platinum

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... December 2022, Platinum's FUM was 15% higher at $18.2 billion. A large portion of net outflows stemmed from the Platinum Trust Funds of about $130 million. Platinum Trust Funds include eight unlisted managed funds and the Platinum Global Transition ...

FEAL board welcomes Ian Patrick

ELIZABETH FRY  |  TUESDAY, 19 DEC 2023
Australian Retirement Trust chief investment officer Ian Patrick will replace Paul Watson on the board following the latter's resignation from Hostplus as group executive of member experience. Welcoming Patrick to the board, The Fund Executives ...

EQT operations, finance chief steps down

KARREN VERGARA  |  MONDAY, 18 DEC 2023
Philip Gentry, Equity Trustee's (EQT) chief operating officer and chief financial officer, is stepping down from the dual roles after eight years. EQT board chair Carol Schwartz said Gentry "played a pivotal role in helping reshape EQT". "His contribution ...

Citi broadens custody offering

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
... business," England said. Citi Securities Services has approximately US$27.1 trillion of assets under custody, administration, and trust worldwide.

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
Mitsubishi UFJ Financial Group (MUFG) is set to pay $1.2 billion for Link Group. MUFG's subsidiary Mitsubishi UFJ Trust & Banking Corporation (The Trust Bank) parties signed the scheme implementation deed today that will pay $2.26 cash for every ...

Morningstar reveals Australian equities upgrades, downgrades

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
... fostered within the team," the research house said. Morningstar also heaped praise on Dimensional Australian Value Equity Trust, increasing conviction in the strategy, stemming from greater confidence in the relative efficacy of the multifactor process. ...

Australian Retirement Trust selects chief executive

JAMIE WILLIAMSON  |  THURSDAY, 14 DEC 2023
Australian Retirement Trust (ART) has named chief executive Bernard Reilly's successor, assuming the top job in March 2024. David Anderson will take over as chief executive of ART next year, following 25 years at Mercer both in Australia and abroad. ...

Boards unprepared for new workplace laws: Research

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023
... and other positive duty conduct. The research found sexual harassment and discrimination is underreported due to a lack of trust, confidence, and transparency in organisational systems, processes and outcomes. Directors overwhelmingly saw the positive ...