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Showing 221 - 230 of 627 results for "Fire"

NZ Super dumps guns

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
Hot on the heels of the passage of new gun laws in New Zealand, the NZ Super Fund has divested all companies involved in the manufacturing of automatic and semi-automatic weapons. The fund confirmed companies involved in the manufacture of civilian ...

Super funds hungry for global stocks, alternatives

KANIKA SOOD  |  THURSDAY, 11 APR 2019
The lion's share of the institutional mandates awarded in Australia last year went to international equities and alternatives manager, the latest Rainmaker Mandate Chaser report shows. Not-for-profit superannuation funds and investment managers handed ...

New bank launches for nurses and midwives

ELIZABETH MCARTHUR  |  TUESDAY, 12 MAR 2019
A new bank is launching, dedicated to meeting the needs of Australia's nurses and midwives. The Health Professionals Bank is a part of Teachers Mutual Bank Limited, meaning Teachers Mutual Bank Limited now comprises four banks - Teachers Mutual Bank ...

BlackRock launches Australian bond fund

KANIKA SOOD  |  WEDNESDAY, 6 MAR 2019
BlackRock launched a new indexed fund that will invest in Australian bonds with an ESG focus, with backing from a $21 billion government superannuation fund. VicSuper seeded the fund and partnered with BlackRock. BlackRock Australia's head of fixed ...

Pinnacle nears $50bn milestone

DARREN SNYDER  |  FRIDAY, 22 FEB 2019
Pinnacle Investment Management saw its funds under management increase 22.9% to $46.7 billion in the six months to December 2018. And affiliate Firetrail Investments all but reached institutional investor capacity during the period. Breaking down Pinnacle's ...

Hayne stops short of dismantling vertical integration

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
The business model under fire for much of the Royal Commission has escaped punishment in Kenneth Hayne's final report. In handing over his 76 recommendations to improve the banking and financial services industry in Australia, Hayne avoided calling ...

Ethical investments top mandate appointments

JAMIE WILLIAMSON  |  TUESDAY, 22 JAN 2019
An analysis of the 273 mandate appointments in the year to September 2018 demonstrates the rise of ethical investing. Rainmaker analysis shows ethical or responsible investments were the fastest growing asset class in the 12-month period. Allocations ...

Aussies want budget help: MoneySoft

HARRISON WORLEY  |  TUESDAY, 15 JAN 2019
An Aussie fintech says budgeting and cashflow management are more important to young people than holistic financial advice. Citing findings from ING and Rice Warner's MyGeneration report released late last year, MoneySoft today said budgeting and cashflow ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... Former chair Catherine Brenner, as well as all of AMP's female board representatives and the risk chief of its under-fire Advice arm soon departed, leaving the new leadership of chair David Murray and chief Francesco De Ferrari with significant work ...

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... business, in a $3.3 billion sale that attracted the ire of shareholders. The ASX was forced to intervene, and ruled the under-fire wealth manager did not require the approval of shareholders to sell its life and wealth protection unit to UK firm Resolution ...