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Showing 211 - 220 of 9043 results for "BES"

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
After admitting it didn't sufficiently assess the First Guardian Master Fund before making it available to super members, Netwealth is being sued by ASIC and will repay $101 million to victims. More than 1000 investors had their money in the First ...

Equity Trustees hit with additional licence conditions

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
The Australian Prudential Regulation Authority (APRA) has imposed additional licence conditions on Equity Trustees Superannuation Limited (ETSL) to address concerns relating to its investment governance frameworks and practices, including oversight ...

Fund managers remain bullish on AI for 2026

RIDDHIMA TALWANI  |  WEDNESDAY, 17 DEC 2025
Experts believe the hype around artificial intelligence (AI) is not a bubble and remain constructive on the sector going into 2026. Munro Partners portfolio manager Kieran Moore said the Melbourne-based investment management firm sees AI as a five to ...

ASX-listed companies at breaking point: Alvarez & Marsal

MATTHEW WAI  |  WEDNESDAY, 17 DEC 2025
Australia's corporate distress levels have increased by almost 50% across most industries since the pandemic, due to elevated interest rates, persistent inflation and sector-specific vulnerabilities, new research indicates. The inaugural Australian ...

BlackRock loses $8.9bn pension fund mandate

MATT TOLEDO  |  TUESDAY, 16 DEC 2025
PME Pensioenfonds, a Dutch pension fund with $105 billion in assets, has terminated an $8.9 billion equity mandate with BlackRock due to the manager's misalignment with the fund's environmental, social and governance framework. According to a release ...

AWAG makes two strategic investments

ELIZA BAVIN  |  TUESDAY, 16 DEC 2025
Australian Wealth Advisors Group (AWAG) has made two strategic investments, in Avalon Financial Services and SWR Chartered Accountants, doubling its authorised representatives from 40 to 80 across Australia. Avalon is a Sydney-based company specialising ...

MFF Capital names Stack as chief executive

ANGELIQUE MINAS  |  TUESDAY, 16 DEC 2025
MFF Capital Investments (MFF) has announced the promotion of Gerald Stack, from head of investment management to chief executive and managing director of MFF Group, effective 1 January 2026. Bringing over 30 years of experience to the role, Stack has ...

AustralianSuper names chief platforms officer

MATTHEW WAI  |  MONDAY, 15 DEC 2025
AustralianSuper has shifted its chief technology officer to the newly created role. Mike Backeberg will lead the fund's technology, digital and data services strategy, and has been managing AustralianSuper's member operations and data and technology ...

RBA hike may come as soon as February

ELIZA BAVIN  |  FRIDAY, 12 DEC 2025
Recent employment data from the Australian Bureau of Statistics (ABS) has shown the nation may be at an inflection point, highlighting the challenges the Reserve Bank of Australia (RBA) will face in setting policy next year. Citi economists have changed ...

Betashares-backed firm names inaugural managing partner

ELIZABETH FRY  |  THURSDAY, 11 DEC 2025
Managed accounts provider Trellia Wealth Partners has made its first managing partner appointment, signalling a new phase of growth for the $10 billion business. In the new role, Cameron Spittle will oversee all aspects of the business, including strategic ...