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Showing 161 - 170 of 1509 results for Andrew McKean

Vanguard launches two new diversified ETFs

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
Vanguard has launched two new diversified exchange-traded funds (ETFs) on the ASX, catering to high-growth investors and those seeking steady income. The Vanguard Diversified All Growth Index ETF (ASX: VDAL) is designed for investors with a very high-risk ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
The boards of superannuation trustees, insurers, and banks are on notice, with APRA proposing changes to "strengthen and streamline" governance requirements. The regulator has released eight proposals in what marks the first "significant update" of ...

Trade war intensifies: China, Canada respond to Trump's tariffs

ANDREW MCKEAN  |  WEDNESDAY, 5 MAR 2025
US President Donald Trump has moved forward with tariffs on Mexico and Canada while doubling the 10% tariff imposed on Chinese imports in February. Canada and China have introduced their own retaliatory measures, further escalating trade tensions. Canadian ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
After years of decline, the number of superannuation fund members with insurance is on the rise. Legislative changes in 2019 made insurance opt-in for those with low balances, inactive accounts, or those aged under 25 - taking a sledgehammer to the ...

BNP Paribas wins new custody mandate

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
BNP Paribas' Securities Services business has been chosen by Medibank Private to provide custody and fund administration services. As part of the mandate, BNP Paribas will handle Medibank's custody, fund administration, performance reporting, cash management ...

SEC drops civil enforcement case against Coinbase

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
The Securities and Exchange Commission (SEC) has filed a joint stipulation to dismiss its civil enforcement action against Coinbase Inc, and its parent company, Coinbase Global. The decision follows the formation of the SEC's Crypto Task Force in January ...

Sydney to host global superannuation summit

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
Sydney will stage a global superannuation summit in the second half of the year, on the heels of the inaugural industry gathering in the US last week. NSW treasurer Daniel Mookhey said the Sydney Superannuation Summit will cement the city's growing ...

Clime Investment Management lands new strategic partnerships

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
Clime Investment Management has struck two strategic partnerships it expects to add approximately $130 million in funds under management (FUM) and $750,000 in revenue over the next year. Clime attributed the new partnerships to its improving distribution ...

PM Capital confirms proposal to acquire Platinum funds

ANDREW MCKEAN  |  FRIDAY, 28 FEB 2025
PM Capital Global Opportunities Fund (ASX: PGF) has confirmed it made a play to acquire two funds managed by Platinum Asset Management. PGF revealed it lobbed confidential, non-binding offers to snap up Platinum Capital Limited (ASX: PMC) and Platinum ...

Perpetual profits dented after KKR deal goes up in smoke

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
Perpetual's net profit after tax (NPAT) crumbled because of its simplification program, strategic review, and the fallout from its dead KKR deal. Notably, Perpetual's board scrapped the KKR deal earlier this week. However, KKR insists that a ...