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| | | Euroz Hartleys has sold its capital markets business to Canada's BMO Financial Group (BMO) for $145 million in an all-cash deal. The divestment will allow the ASX-listed wealth firm to be a standalone pure-play private wealth business, it said. Both ... |
| | | | ... manager. One APAC participant said thematic ETFs allow exposure to specific ideas "without building positions stock by stock." Not all sovereign wealth funds treat ETFs as purely tactical, with 39% saying they use the wrapper for strategic long-term ... |
| | | | ... retirement. "Just as important will be how the funds engage with their members who are approaching or are in retirement, as it will not be easy for most members to navigate the complexity on their own to tailor their own portfolio of products and settings ... |
| | | | ... and supervision priorities. "As our financial system becomes more interconnected, decisions made in one part of the system not only impact other financial institutions in the same sector, but those in different sectors as well as service providers," ... |
| | | | ... leading to higher fees and less favourable insurance arrangements, charging insurance premiums after a member's death, and not providing death and permanent disability insurance cover for some eligible members. Finally, it made misstatements to ASIC ... |
| | | | Natixis Investment Managers has promoted an executive from another affiliate to succeed the outgoing chief executive of Mirova, Philippe Zaouati, effective July 1. Current DNCA Finance portfolio manager and director of responsible investment Léa Dunand-Chatellet ... |
| | | | ASIC has called out superannuation trustees for not doing enough to protect retirement savings of Australians on platforms even after repeated warnings from regulators about the dangers of poor oversight. ASIC's report Safeguarding super: How well are ... |
| | | | ... Aware has worked closely with employers in the lead-up to July 1. "We know that for many employers, especially those who are not large payroll operators, this is a significant change. We've been working closely with employer groups in the lead up ... |
| | | | ... partnering with colleagues to support its growth across Europe and Asia Pacific," he said. Although Capital Group currently does not offer any active ETF locally, the range of products has surged to 29 across the world, predominantly in the US and Canada. ... |
| | | | ... its responsibilities under law, including in relation to the management of conflicts, very seriously." ASIC alleges this was not the case and funds were transferred without basic safeguards, including proper security, valuations, oversight or management ... |
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