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Showing 151 - 160 of 1059 results for "Mutual"

ANZ to pay $42m in insurance lawsuit

CASSANDRA BALDINI  |  MONDAY, 14 NOV 2022
... Commonwealth Bank. Commonwealth Bank will pay $50 million though said it makes no admission of liability and neither does Colonial Mutual Life Assurance Society or AIA Australia. Another settlement was agreed with Westpac, the law firm said. The three ...

Aussie income equities fare well amid turmoil

JAMIE WILLIAMSON  |  MONDAY, 14 NOV 2022
... September end was the SPDR MSCI Australia Select High Dividend Yield Fund with a 3% return. This is followed by Investors Mutual Equity Income Fund (1.5%) and Merlon Wholesale Australian Share Income Fund (1.4%). Rounding out the top performing asset ...

BlackRock expands proxy voting to retail investors

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
BlackRock will allow individual investors in select mutual funds in the UK to engage in proxy voting via its technology platform Voting Choice. BlackRock chair and chief executive Larry Fink said it's clear investors don't want to sit on the ...

Cboe Global Markets, SBI Holdings sign MoU

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
Cboe Global Markets and SBI Holdings (SBI) have signed a Memorandum of Understanding (MoU) to discuss business collaboration opportunities in traditional and digital finance. "The MoU between Cboe and SBI lays the foundation for the potential exchange ...

Australian Unity gives funds management business a makeover

CHLOE WALKER  |  THURSDAY, 13 OCT 2022
... community," Fernandes said. Australian Unity group managing director Rohan Mead said the changes are an important part of the mutual's evolution to meet changing community needs. "Our ageing population, coupled with the rise in chronic disease and complex ...

RBA lifts rates, lifts markets

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
... and demand in the Australian economy, a prerequisite to bringing inflation back down, Lowe said. Following the rate rise, Mutual Limited chief investment officer Scott Rundell commented: "The RBA surprised pretty much everyone yesterday, delivering a ...

Wheelhouse Partners adds head of distribution

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2022
The former head of retail at Investors Mutual has taken up the newly created role. Wayne McGauley joined the Wheelhouse Partners team this month, responsible for growing its global and Australian equities capabilities. McGauley is to focus on key accounts ...

Aware Super deepens TAL relationship

JAMIE WILLIAMSON  |  WEDNESDAY, 21 SEP 2022
... VicSuper's insurer since July 2018, taking over the mandate from AMP which had held it since 1994 (then known as National Mutual). The change is effective November 3, at the same time as several other changes being made to the VicSuper offering. For ...

Anton Tagliaferro announces retirement

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
After 25 years, Investors Mutual founder Anton Tagliaferro will retire, saying the time is right to hand over to the next generation. Tagliaferro founded Investors Mutual in 1998, having previously been with Prudential and Perpetual. The retirement ...

RBA signals further interest rate rises

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
... to increase, peaking between 7 and 8%. Further, most respondents believe inflation will hit its peak by the end of 2022. Mutual Limited chief investment officer Scott Rundell said the RBA's CPI expectations are achievable, but likely fraught with bumps ...