Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2221 - 2230 of 8182 results for "Institutional"

NAB Asset Management hires insto director

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2019
NAB Asset Management appointed a new director of institutional business, formerly of JCP Investment Partners. A spokesperson for NAB Asset Management confirmed the appointment of Colin Keenan, effective this month. Keenan was most recently a senior ...

Super fund commits $20m for housing affordability

KRISTI CHENG  |  TUESDAY, 30 JUL 2019
... investing alongside SVA's managed impact fund, the Diversified Impact Fund. "This investment is a great example of how institutional investment can have a positive impact on the broader Australian community by making a meaningful contribution to the ...

Sydney portfolio manager on best female fundies list

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... she ranked 13 out of 90. The top returning manager was Alphinity's Bruce Smith with 14%. In June last year, Institutional Investor released a list of 50 finance professionals who are most coveted by recruited for a chief investment officer role. ...

IFM Investors reports $114m in FY19 profits

KANIKA SOOD  |  MONDAY, 29 JUL 2019
IFM Investors wants to invest in its business and seek out more opportunities in Australia in the year ahead, as it posts $22 billion in net flows and $114 million in pre-tax net profit for FY19. The funds management powerhouse owned by industry superannuation ...

Australians demand SG increase: ISA

HARRISON WORLEY  |  MONDAY, 29 JUL 2019
Australians overwhelmingly support an increase to the superannuation guarantee, according to latest polling. Latest research from the peak body for industry superannuation funds, Industry Super Australia, shows Australians broadly disagree with the ...

Lloyds, pension fund pay $250m settlement

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2019
Lloyds Banking Group will pay $250 million in compensation to Standard Life Aberdeen following its attempt to pull a $186 billion mandate in February 2018. Lloyds Banking Group and its subsidiary, Scottish Widows, reached a final settlement with Standard ...

All options open for retirement income review

HARRISON WORLEY  |  FRIDAY, 26 JUL 2019
The government's upcoming retirement income review is open to consider any and all policy options, including the possibility of making contributions voluntary. Speaking to journalists yesterday, Prime Minister Scott Morrison revealed the retirement ...

CFSGAM sale clears regulatory hurdles

KANIKA SOOD  |  FRIDAY, 26 JUL 2019
Commonwealth Bank has received all regulatory approvals to sell its global asset management business to Japanese banking giant. The $4.2 billion sale to Mitsubishi UFJ Trust and Banking Corporation (MUTB) is expected completion is in August, CBA said ...

Macquarie asset management business down

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
At the Macquarie Group annual general meeting chief executive Shemara Wikramanayake said the group was performing in line with expectations, despite the annuity-style businesses, including Macquarie Asset Management, being down. Addressing the AGM ...

Suncorp responds to shareholder resolution

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
... proportion of our commercial lending portfolio. Suncorp doesn't finance fossil fuel projects as it doesn't have an institutional bank." The spokesperson added that Suncorp does not directly invest in, finance or underwrite new thermal coal mining extraction ...