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Showing 1941 - 1950 of 10705 results for "May 2011"

VFMC appoints head of investment stewardship

CHLOE WALKER  |  THURSDAY, 17 FEB 2022
The Victorian Funds Management Corporation (VFMC) has appointed a head of investment stewardship. Shali Lingaretnam has been appointed head of investment stewardship in an ongoing capacity, having been acting in the role since July 2021. Lingaretnam ...

Bell Financial Group in AUSTRAC probe

JAMIE WILLIAMSON  |  THURSDAY, 17 FEB 2022
Three of Bell Financial Group's subsidiaries are under scrutiny by AUSTRAC, with an audit ordered to assess compliance with financial crime laws. AUSTRAC has ordered that an external auditor be appointed to Bell Potter Securities, Bell Potter Capital ...

What fund selectors want: Natixis

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 FEB 2022
The latest Natixis Investment Management professional fund selector survey reveals what fund selectors at leading wealth management, private bank, and insurance platforms around the world are looking for. The survey asked 436 fund selectors what they ...

CFA Institute says focus on culture

ELIZABETH MCARTHUR  |  TUESDAY, 15 FEB 2022
A new report from the CFA Institute has found that the culture of investment organisations often constrains innovation. The report, titled The future of work in investment management: changing organisational cultures, offered a series of recommendations ...

Brookfield mulls spinning off AM business

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
Brookfield is considering its future, saying it may look to spin off its asset management business into a separate public company. In a letter to shareholders, Brookfield Asset Management chief executive Bruce Flatt said the firm is weighing whether ...

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
Hostplus introduced a new trustee fee, after receiving Supreme Court approval to apply the fee to create emergency reserves. The amount will vary based on members' balances, but a Hostplus member with $50,000 in savings can expect to be charged an extra ...

AFA responds to Quality of Advice Review

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
The Association of Financial Advisers hopes that the upcoming industry review will listen to the voices of clients and overhaul the advice process. In its submission to the draft terms of reference for the Quality of Advice Review, the AFA is calling ...

Class chief exits following takeover

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
The chief executive of Class will exit this month as HUB24 folds its newly acquired firm into a new business unit. Chief executive and managing director Andrew Russell is stepping down on February 16 and will remain an adviser until March 31. HUB24 ...

Acquisitions bolster Kelly Partners results

KARREN VERGARA  |  MONDAY, 7 FEB 2022
Several acquisitions bolstered the performance of Kelly Partners in the six months to December, the latest financial results show. The ASX-listed group saw a 25% increase in revenue to $30.9 million, thanks to its acquisition spree which contributed ...

RI Advice slapped with $6m penalty

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
RI Advice was slapped with a $6 million penalty for failing to keep tabs on a representative who invested clients' money in risky and complex financial products. The Federal Court found that RI Advice failed to take the appropriate steps to ensure ...