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Showing 191 - 200 of 5819 results for "West"

Active Super fined $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
Active Super's greenwashing will cost it $10.5 million in civil penalties for misleading members about its ESG credentials purported to eliminate investments in Russian companies and others involved in mining and tobacco, the Federal Court determined ...

Asian family office sets up in Melbourne

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
Vantage Family Office is expanding into Australia by launching a capital markets business to serve high-net-worth individuals and institutions. The Asian-based multi-family office platform has set up Vector Capital Management, which will be led by veteran ...

Super funds to 'look more like insurers'

ELIZA BAVIN  |  THURSDAY, 13 MAR 2025
... automatable are just wrong, but I think we will come to a point around standardisation," Aldridge said. "Right now, it is the Wild West. If you go back around 25 years ago in capital markets, we were probably going through a similar maturation process." ...

ASIC, ASFA spar over super fund trustees 'not knowing' their business

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
ASIC chair Joe Longo has torched the superannuation sector, branding it the "poster child" for what can and does go wrong when governance implodes, while accusing directors of "not knowing" their business. In a speech at the Australian Institute of ...

Gender parity in financial services an economic imperative

KARREN VERGARA  |  MONDAY, 10 MAR 2025
The financial services industry has made modest inroads with gender parity, and closing the wealth and financial literacy gap, but the reality is accelerated action is needed from the government and private sector to tackle entrenched inequalities as ...

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 ...

PIMCO names wealth management lead

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
PIMCO has appointed a new head of wealth management for its Australian business, promoting from within. David Orazio replaces Brendon Rodda, who has since left PIMCO for a distribution role at Allianz Retire+. Before joining PIMCO in 2015, he was the ...

SMA Reporting Standard launches

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
The SMA Reporting Standard (SMARS) has launched to address the complexities and confusion over fee structures in the separately managed accounts (SMAs) sector. SMARS is spearheaded by the Adviser Ratings Group and operates as a separate entity, SMA ...

HESTA hunts for portfolio construction and risk specialist

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
HESTA's general manager of portfolio construction and risk has exited the $93 billion super fund, underscoring the high number of senior turnovers in big super. The superannuation fund confirmed that Michael Sommers had exited and that it was looking ...

Payton Capital welcomes head of credit

ELIZABETH FRY  |  THURSDAY, 20 FEB 2025
Payton Capital has recruited a key executive to support its aggressive growth plan following its acquisition by ASX-listed alternative asset manager HMC Capital. Michael Golinelli's appointment as head of credit is a key part of Payton Capital's ...