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Showing 191 - 200 of 803 results for "Australian Business"

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
The All Ordinaries index finished 2020 with a gain of 0.7%. Nothing to write home to mother about, especially compared with the 16.3% and 16.0% surge in the S&P 500 and the Nikkei-225, respectively, over the same period. However, the local bourse's ...

Praemium sees benefits of scale

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
... year-on-year in global funds under administration (FUA), lifting the business to over $34 billion in FUA. "For the Australian business, the scale benefits from the acquisition of Powerwrap are evident," chief executive Michael Ohanessian said. "Post-merger ...

Super fund targets homegrown opportunities

KARREN VERGARA  |  FRIDAY, 1 JAN 2021
The coronavirus pandemic is a boon for the localisation of Australian businesses that will create investment opportunities and jobs growth, two superannuation fund experts predict. Statewide Super chief executive Tony D'Alessandro and chief investment ...

Personal finance app retires Australian business

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
A personal finance management app provider has been hit by several forces such as COVID-19, forcing it out of the Australian market. Moneytree will discontinue services in Australia from 15 January 2021. Moneytree LINK, a financial data platform for ...

Aberdeen Standard pulls plug on Aussie fixed income

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... part of a strategic reconfiguring of the business," the firm said in a statement. "We are repositioning our Australian business to focus on key areas of growth to meet client needs. As a result, ASI Australia intends to close the...[three]...locally-domiciled ...

Investec to close Aussie business

KANIKA SOOD  |  WEDNESDAY, 9 DEC 2020
... the Australian market after 20 years. The company said the move is not a reflection of performance of the Australian business or employees, but a "strategic exit" to focus on its core markets of UK and South Africa. It will exit Australia over the coming ...

BNY Mellon names country head

KARREN VERGARA  |  TUESDAY, 8 DEC 2020
BNY Mellon Investment Management has appointed a new lead for its Australian business. Former chief executive of boutique asset manager Glennon Capital, Paul Bolinowsky, is the new country head for Australia. Bolinowsky will be responsible for the strategic ...

US wealth manager acquires three Aussie firms

ELIZABETH MCARTHUR  |  THURSDAY, 3 DEC 2020
NASDAQ listed Focus Financial Partners has created a new network of boutique financial advice firms and acquired three Australian businesses. Focus launched Connectus on December 1 in the US, and now the first Australian advice firms to join the boutique ...

Vanguard, Fidelity, BetaShares rank low on ESG: Report

ELIZABETH MCARTHUR  |  MONDAY, 23 NOV 2020
... was Fidelity Investments. Note, Fidelity Investments is a separate company to Fidelity International's Australian business. Morningstar described ESG as being on the "fringe" of the US manager's investment culture. "...The firm created a centralised ...

Former HESTA chair joins Assemble

ELIZA BAVIN  |  TUESDAY, 17 NOV 2020
... joined the board. Angela Emslie will take on the role with the new-look board also comprising of five other Australian business leaders with experience across property, super, responsible investment, banking, finance, aged care and not-for-profits. Emslie ...