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| | | ... basis" from May 8. Anderson noted Callinan's decades of experience in wealth management research, and pointed to her close working relationship with the group in the past, which included helping establish its current operating model. "Maggie has ... |
| | | | Colonial First State has terminated a $19.5 million diversified fund, after it returned -11.7% in the first three months of the year. The Acadian Diversified Alpha fund will no longer be available to investors, with switches and redemptions from the ... |
| | | | ... the fund after more than six years. Michelle Somerville also ended her long-term relationship with the fund, bringing to a close more than four years as a consultant to its audit, risk and compliance committee. Somerville was replaced by former Deloitte ... |
| | | | The Commonwealth Bank has entered into an agreement to sell AUSIEX, which trades as CommSec Adviser Services, to a Japanese firm. Nomura Research Institute, a Japanese technology solutions and business consulting firm, has entered into an $85 million ... |
| | | | The Australian Taxation Office said it will determine if a person has made a duplicate application, telling funds to follow its determination. In an update to the ATO's ERS design and implementation document, the ATO said while the application process ... |
| | | | A former member of Colonial First State Global Asset Management's global leadership team has joined a $4 billion industry super fund as an independent investment expert. Former chief operating officer, director and member of CFSGAM's global executive ... |
| | | | AustralianSuper has already paid out close to $320 million to members under the early release scheme as it readies to release a further $330 million. The super fund said it has received requests from about 85,000 members so far, representing about $650 ... |
| | | | The big four bank has flagged its 1H20 results will likely include an impairment charge of more than $2.2 billion - more than half of which is attributed to COVID-19. Announcing the expected charge this morning, Westpac said the $2.238 billion impairment ... |
| | | | ... (10% fall), gold in AUD was flat. On the index's next worst days (dropping over 7%), gold was, respectively, down 1% and close to flat," Williams said. She said the unreliable movement of gold prices could have consequences for institutions like super ... |
| | | | A former State Super chief investment officer is returning to the fund as a director. Lisbeth Rasmussen has joined the board of State Super, three years after departing the fund and the role of chief investment officer. Rasmussen left the fund in late ... |
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