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Showing 2491 - 2500 of 22782 results for "Funds"

New chair for iExtend

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... iExtend. Peter Cassidy is taking on the role. Cassidy established AMP's private capital business in 1993, managing investment funds across resources, infrastructure and manufacturing. In this role, he was involved in major public investments such as ...

Jailed adviser permanently banned by ASIC

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... 2023, Mark Raymond Sebo was found guilty of misappropriating $1,056,685.18 from some of his clients' self-managed super funds. Between July and August 2019, he was found to have used all the money to feed his gambling habit. At the time, he was sole ...

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
Fiducian reported a 10% increase in revenues and 18% jump in funds under management for the six months to December end, saying it's the result of a disciplined business plan. In its half-year update, Fiducian said its underlying net profit after tax ...

Conference to address major SMSF issues

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
Next week, self-managed super fund professionals can leverage what APRA-regulated funds are excelling in as well as learn about critical issues affecting the sector from a suite of experts, according to the SMSF Association (SMSFA). Heffron SMSF Solutions ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... customer reach, Challenger said the partnership will enable it "to improve how it integrates its offering with superannuation funds and platforms, helping to position the business as the retirement partner of choice." "With an improved service, the speed ...

Macquarie profits tumble; long-serving executive exits

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... (BFS) reported a 3% increase in total deposits to $135.6 billion. The home loan portfolio rose 3% to $117.9 billion, and funds on platform grew 6% to $132.8 billion. The business banking loan portfolio grew 6% to $15.5 billion, while the car loans portfolio ...

Rest invests in agriculture fund

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024
... Rest's impact investment framework, the fund confirmed. Cibus Capital is the London-based investment advisor to the Cibus funds. According to Cibus, the funds invest in food and agriculture companies and has raised over US$ 1 billion to invest in ...

AustralianSuper calls for an 'account for life'

ANDREW MCKEAN  |  MONDAY, 12 FEB 2024
... as they enjoy this next stage of their lives." Meanwhile, AustralianSuper is pushing for changes that would allow super funds to provide more support, guidance, and advice, leveraging data sharing with government to smooth the complexity of retirement ...

Grok Ventures appoints new chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... Grok Ventures has hired a new chief executive, recruiting a former BlackRock and Macquarie executive. Grok has named global funds management executive Tan Kueh as chief executive, while Jeremy Kwong-Law will remain as chief investment officer. Kueh has ...

Highest paid industry super executives revealed

ANDREW MCKEAN  |  FRIDAY, 9 FEB 2024
... fund is Australia's second largest. Further analysis showed that the top 25 highest-paid executives of industry super funds collectively received $28.5 million in total compensation for the 2023 financial year, averaging $1.1 million each. Of this ...