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Showing 1681 - 1690 of 3456 results for "Scale"

UK asset manager acquires stake in retirement funder

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... customer outcomes." Legal & General Retail Retirement chief executive Chris Knight said Legal & General has plans to grow the scale of Household Capital's business. "This is a great opportunity to invest in a dynamic business, in a market with lots of ...

Citi to expand local securities team

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... it is one of the leading custodians in the Australian market. Its clients will stand to benefit from the eventual sheer scale of the bank's local asset servicing arm, it said. "Citi provides clients with in-depth local market expertise, advanced ...

Major industry events cancelled amid pandemic

ELIZABETH MCARTHUR  |  FRIDAY, 13 MAR 2020
... Class calling for input on an alternative date. "Given the unpredictability of the situation with COVID-19 and the size and scale of Class Connect, we have made the difficult decision to postpone the event in order to protect the health and wellbeing ...

Pension fund acquires Plenary Group business

JAMIE WILLIAMSON  |  FRIDAY, 13 MAR 2020
... Asian infrastructure markets, he added. "The immediate pipeline on the eastern seaboard of Australia is of an unprecedented scale," O'Rourke said. "Over the years, CDPQ has appreciated first-hand Plenary Asia Pacific's impressive know-how, particularly ...

Fee cuts hack at fund manager margins

KANIKA SOOD  |  WEDNESDAY, 11 MAR 2020
... in margins came with 6.9% increase in the total assets under management for the managers in the research - implying that scale may no longer guarantee juicier profits. "The financial performance over the past several years suggests a secular change is ...

Global stocks plunge as COVID-19 fear accelerates, oil crashes

ALLY SELBY  |  TUESDAY, 10 MAR 2020
... John Birkhold said the spreading COVID-19 virus had triggered a mass sell-off. "We are seeing wealth destruction on an epic scale triggered be the increasing reality of a global pandemic," he said. "Since February 20, when the ASX hit a record high of ...

ANZ wealth exit sees hundreds of jobs go

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
... demonstrate good corporate citizenry," FSU Australia national secretary Julia Angrisano said. "Instead, [ANZ has instituted] large scale job cuts to boost their own profit at the expense of the broader economy is self-serving and short sighted." She ...

Super fund slashes fee

ELIZA BAVIN  |  MONDAY, 9 MAR 2020
... program, which in turn has seen it deliver market-leading net returns to its members for over 30 years," Elia said. "That scale and performance has now contributed to the fund being able to realise and pass on to its retired members this significant ...

Boutique dealer groups merge

ELIZABETH MCARTHUR  |  FRIDAY, 6 MAR 2020
... Andrew Coloretti told Financial Standard that the merger was driven by a desire from both groups to achieve economies of scale. "We were also attracted to accessing enhanced technology solutions for clients, and enhanced internal capabilities," Coloretti ...

Climate activism not translating to investing

ELIZA BAVIN  |  THURSDAY, 5 MAR 2020
... companies. CHOICE said while the renewable energy sector in Australia is growing, few companies have reached an "investable" scale. Max Cunningham, executive general manager, issuer services and investment products at the Australian Stock Exchange said ...