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Showing 191 - 200 of 3029 results for "EIG"

Former adviser pleads guilty to $1m theft

MATTHEW WAI  |  MONDAY, 3 FEB 2025
A former financial adviser from Western Australia has pleaded guilty to five charges related to misappropriating $1.03 million of client funds. Anthony Torre was charged with five counts of stealing and eight counts of fraud in June 2022 following an ...

Civitas appoints new business partner

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
Civitas Services Australia, a financial services provider that helps individuals and firms obtain and manage their Australian Financial Services Licence (AFSL), has appointed a new business partner. The new hire, James McCowan, who's based in Brisbane ...

AustralianSuper welcomes AI tech competition

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
Mayhem erupted on Wall Street on Monday (local time) after Chinese-owned DeepSeek burst onto the artificial intelligence (AI) scene, wiping $1 trillion off chip maker Nvidia. AustralianSuper holds around $2 billion of Nvidia shares in its balanced option ...

AdviceIQ general manager Paul Harding-Davis to retire

ANDREW MCKEAN  |  TUESDAY, 28 JAN 2025
AdviceIQ general manager Paul Harding-Davis will retire in April, with the financial advice group for high-net-worth clients naming a Macquarie Group executive as his successor. Harding-Davis told Financial Standard that now is the right time for retirement ...

WA best performing state, but economic growth lags

MATTHEW WAI  |  TUESDAY, 28 JAN 2025
Western Australia snatched the title of the country's best performing economy in the September quarter, ranking first in five of the eight economic indicators assessed in the CommSec State of States report. The state claimed the top spot twice over ...

Climate funds see first year of outflows

ROSE MARY PETRASS  |  FRIDAY, 24 JAN 2025
Global climate funds suffered more withdrawals than deposits in 2024, with net outflows reaching US$24 billion, according to fresh data from Morningstar. In Europe, climate thematic funds experienced the largest outflows of any category during 2024. ...

Tyndall bolsters small cap team

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
​Small cap specialist Josh Phillips has quit Aware Super to join Tyndall Asset Management's equity investment teams as a co-portfolio manager. Phillips will work alongside James Nguyen to help drive the performance of Tyndall AM's small companies' ...

APG to invest exclusively for ABP

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
APG, the Netherlands' largest pension asset manager, will exclusively manage investments for ABP, the country's largest pension fund, starting around 2030. ABP, which owns 92% of APG, said the move aligns with its goal of achieving maximum investment ...

One in five pension funds face liquidity risks

KARREN VERGARA  |  WEDNESDAY, 15 JAN 2025
Nearly one in five pension funds face liquidity risks particularly as they increase allocations to private assets, a new survey shows. The study of pension funds from the UK, US, Netherlands, Canada, and the Nordics by Ortec Finance reveals many are ...

Magellan names interim chief financial officer

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Magellan Financial Group has appointed Michelle Mutchnik as interim chief financial officer, effective January 24. Mutchnik replaces Kirsten Morton who announced her resignation on 13 November 2024. Mutchnik joined Magellan in November 2020 and has ...