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Showing 1781 - 1790 of 4464 results for "October"

Westpac names independent director

KARREN VERGARA  |  TUESDAY, 24 JUL 2018
... international banking executive to its board as an independent non-executive director. Anita Fung joins the banking group on 1 October 2018; she will also join the bank's risk and compliance committee, and its Asia advisory board. Fung's tenure at HSBC ...

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
... (also large RMBS issuers) were acquired by major private equity firms. KKR acquired a majority stake in Pepper Group in October 2017, Blackstone acquired a majority stake in La Trobe Financial in January 2018 and Cerberus acquired Bluestone Holdings ...

CBA, ANZ told to clean up superannuation distribution

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
... conversation that we may introduce in future," the bank said in a statement. CBA withdrew Essential Super from branches in October 2017. It said it has paused all new account openings and will undertake a review of how Essential Super is offered and ...

HSBC quietly exits financial advice

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... announced in early May it will sell off MLC Advice, along with its platform, superannuation and asset management units. In October 2017, ANZ offloaded its pension and investments arm and four aligned dealer groups under the OnePath brand to IOOF Holdings. ...

Pacific Current invests $95m in US firm, sells Aussie infrastructure stake

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
... follows an announcement from Pacific Current Group that it is selling its residual 10% stake in RARE Infrastructure. In October 2015, Pacific Current Group sold a majority of its holding in RARE to Legg Mason. The latter is the majority shareholder in ...

Former Magellan research head joins boutique

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... Thomas was an equities analyst at BT Securities and Deutsche Bank. Her departure followed the news that the Magellan IPO in October 2017 for a new listed investment trust raised $1.55 billion - representing one of the largest offerings for a listed investment ...

SSGA appoints APAC managing director

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... positions in sales and trading at Merrill Lynch, J.P. Morgan and Morgan Stanley. He joined the Global SPDR business in October 2017. In his most recent role, Miholich was responsible for State Street ETF's Nordic business development strategy. Miholich ...

Aussie asset manager cops ASIC intervention

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
... expert will report to both the regulator and Aurora, with the firm required to ensure the adequacy of its procedures by October 1. The reason for Aurora's non-adoption of any interim recommendations must be explained to ASIC, with a final report due ...

Shaw and Partners shelves managed accounts partnership

KANIKA SOOD  |  MONDAY, 25 JUN 2018
... understood that Praemium is Shaw and Partners' managed accounts' responsible entity and administration services provider. In October last year, MGP entered a memorandum of understanding (MoU) with Shaw and Partners to develop a managed accounts platform ...

Super startup returns to drawing board

JAMIE WILLIAMSON  |  FRIDAY, 22 JUN 2018
... taken "some steps to preserve capital pending completion of a fund raising round." It originally planned to launch in October 2017 following a $500,000 capital raise. Levy also confirmed its inaugural chief executive, former J.P. Morgan Asset Management ...