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Showing 1781 - 1790 of 4414 results for "Ele"

J.P. Morgan renews industry fund custody mandate

KARREN VERGARA  |  MONDAY, 19 FEB 2018
An $11 billion industry superannuation fund reappointed J.P. Morgan as its custodian for another three-year term. LGIAsuper said it renewed the custody relationship with J.P. Morgan based on a trusted partnership, particularly as it transitions to a ...

IOOF partners with GROW Super

KARREN VERGARA  |  TUESDAY, 13 FEB 2018
IOOF purchased a minority stake in GROW Super to help the wealth group expand and boost the digital capabilities of its own financial adviser network. IOOF said the partnership will facilitate member engagement with superannuation and the connectivity ...

Robo-adviser crashes during Wall Street selloff

ALEX BURKE  |  WEDNESDAY, 7 FEB 2018
One of the largest robo-advisers in the US saw its website go offline while markets fell across the globe on February 5. Wealthfront had to issue multiple clarifications to users via Twitter after complaints reached the platform that the website was ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
"Be careful what you wish for." It's a well-known truism in the current economic cycle that the world's major central banks (the BOE excluded) have been wishin' and hopin' and thinkin' and prayin' for inflation to climb to their target rates. It appears ...

CBA purchase shifts AIA Australia executive team

KARREN VERGARA  |  FRIDAY, 2 FEB 2018
AIA Australia has appointed a new chief of people and culture to oversee its Australian and New Zealand workforce, a direct result of acquiring the Commonwealth Bank life insurance business. The newest addition to AIA Australia's executive team is Charlotte ...

CBA chair says culture needs improvement

ALEX BURKE  |  THURSDAY, 1 FEB 2018
In responding to APRA's ongoing prudential inquiry into the bank, Commonwealth Bank chair Catherine Livingstone acknowledged "there are aspects of our culture where we could improve." APRA issued an update on its progress with the inquiry, saying that ...

Pacific Current sells stake in insto investment firm

ALEX BURKE  |  THURSDAY, 1 FEB 2018
Boutique multi-manager Pacific Current Group sold its stake in an institutional investment firm for $2.9 million, ending a nine-year partnership. Goodhart Partners, based in London, manages Japanese equity, global equity and emerging markets equity ...

2017 AGMs less tumultuous: ASIC

KARREN VERGARA  |  TUESDAY, 30 JAN 2018
The number of top 200 ASX-listed companies that received a strike against pay resolutions in 2017 has dropped, as shareholders increasingly become more engaged during proxy season, ASIC says. The corporate regulator, which closely monitors the outcomes ...

Fund manager chief executive moves to QIC

DARREN SNYDER  |  MONDAY, 29 JAN 2018
QIC has executed a senior hire in its global multi-asset division, appointing the chief executive of a boutique Australian equities fund manager. Joining QIC is Allison Hill. Most recently Hill was the chief executive at DMP Asset Management where she ...

Australia increases foreign direct investment inflows

DARREN SNYDER  |  WEDNESDAY, 24 JAN 2018
Australia was one of few countries to see foreign direct investment inflows increase in 2017, according to the United Nations Conference on Trade and Development. The UNCTAD Global Investment Trends Monitor shows international flows of foreign direct ...