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Showing 171 - 180 of 3029 results for "EIG"

Mercer adds to wealth team

ELIZABETH FRY | THURSDAY, 13 MAR 2025

Mercer continues to bump up its wealth distribution team by adding two new staffers. Matthew Young and Staten Janes have both been hired as senior sales leaders, based in Sydney. Young joined FIIG Securities, where he was head of intermediary distribution ...

ETF market dips but bright spots emerge

MATTHEW WAI | WEDNESDAY, 12 MAR 2025

The $3.11 billion net flows in February struggled to boost the Australian ETF market's position, with funds under management (FUM) dropping to $255 billion, according to VanEck's monthly ETF data. February marked the eighth consecutive month ...

Managed accounts sector grows to $233bn

KARREN VERGARA | TUESDAY, 11 MAR 2025

Managed accounts assets jumped 23.2% to $232.8 billion in the year to 2024, the latest figures from the Institute of Managed Account Professionals (IMAP) show. The latest census, produced in conjunction with Milliman, reports separately managed accounts ...

Westpac's Yetton chooses to move on

ANDREW MCKEAN | FRIDAY, 7 MAR 2025

Westpac chief executive of consumer banking Jason Yetton has left the bank, prompting a search for his successor. Yetton led the consumer division since August 2023 after three years leading the bank's specialist business and group strategy. This ...

Andrew Lill to run investments at legalsuper

JAMIE WILLIAMSON | FRIDAY, 7 MAR 2025

Andrew Lill has been appointed interim chief investment officer at legalsuper. Lill will oversee the $6.4 billion super fund's investments while it searches for a permanent replacement for Paul Murray. Lill was previously chief investment officer ...

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 ...

Quinbrook, CATL to build battery storage solution

KARREN VERGARA | THURSDAY, 6 MAR 2025

Quinbrook Infrastructure Partners has partnered with global firm Contemporary Amperex Technology (CATL) to build a new long-duration battery storage solution backed by superannuation funds. CATL, a listed Chinese battery manufacturer and technology ...

ASIC bans Brisbane-based financial services director

ELIZA BAVIN | TUESDAY, 25 FEB 2025

ASIC has banned JB Markets director Peter Aardoom from providing financial services, controlling an entity that carries on a financial services business and performing any function involved in the carrying on of a financial services business for eight ...

Platinum staffers join Merlon Capital

ELIZABETH FRY | THURSDAY, 20 FEB 2025

Merlon Capital Partners has hired two investment specialists from Platinum Asset Management and invited former AMP chief Andrew Mohl to join a new advisory board. Julian McCormack and Kirit Hira have joined the investment team as portfolio managers. ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON | THURSDAY, 20 FEB 2025

Insignia Financial reported a statutory net loss of $17 million in the first half amid its ongoing takeover discussions. The loss is an improvement on the prior corresponding period when it reported a statutory net loss of $50 million. Its underlying ...

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Mercer Super chief executive steps down

RIDDHIMA TALWANI

Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI

The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI

L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI

Apostle Funds Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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