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Showing 2811 - 2820 of 8182 results for "Institutional"

Macquarie to front Royal Commission

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
Macquarie Group will front the financial services Royal Commission for the first time when the inquiry reconvenes for its final round of public hearings. Commissioner Kenneth Hayne released the list of entities called to give evidence in the seventh ...

Industry fund chief exits

KARREN VERGARA  |  MONDAY, 5 NOV 2018
... marketing and communications firm. Its chief executive is the brother of Robert Clancy, the fund's former head of institutional relations. Clancy's wife was a shareholder in the company. Clancy was found to have racked up $46,000 of personal ...

Train staff on privacy risks: OAIC

HARRISON WORLEY  |  MONDAY, 5 NOV 2018
The Office of the Australian Information Commissioner has called for staff training on how to identify and prevent privacy risks, as financial services recorded the second highest number of data breaches in the third quarter of 2018. In its report of ...

Royal Commission hits Westpac cash earnings

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
Westpac reported a flat net profit of $8 billion with increased remediation provisions and legal costs weighing on the group's cash earnings. The group recorded a 1% increase in net profit year-on-year to $8.095 billion for the 12 months to September ...

Macquarie reshuffles asset management lineup

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
Macquarie Group has made three senior appointments and reshuffled its asset management business as it posts 1H19 net profits of $1.3 billion. Former RBA board member Jillian Broadbent AO is joining the boards of Macquarie Group and Macquarie Bank as ...

Cbus whacks illegal phoenixing

KANIKA SOOD  |  FRIDAY, 2 NOV 2018
The $48 billion industry super fund is backing the introduction of director identification numbers (DINs) to stop company directors from fraudulently escaping superannuation obligations to workers. The construction industry is the "highest represented" ...

TCorp finalises restructure

KARREN VERGARA  |  FRIDAY, 2 NOV 2018
... where he was a principal consultant. Mock advised large industry clients on broad aspects of building and managing institutional investment portfolios. Prior to that, he worked at Aon, J.P. Morgan and BT Financial Group. Tom Gillespie is TCorp's ...

Diversa executive joins managed accounts specialist

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... acquisition will enable it to deliver an "upgraded superannuation solution to its financial planning, stockbroking and institutional client base." MGP chief executive David Heather said the transaction enables the firm to compete with its independent ...

AustralianSuper to cut equities

KANIKA SOOD  |  THURSDAY, 1 NOV 2018
The $142 billion superannuation fund is trimming stocks in its default option, as it moves from a growth outlook to a more neutral one. Speaking at a members' forum in Sydney last night, AustralianSuper chief investment officer Mark Delaney said ...

Former Macquarie Capital head launches fund

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... education across Australia and Asia Pacific. It is targeting an investor base of high-net-worth individuals, retail and institutional clients. Cameron Brownjohn who led Macquarie Capital's principal investments in Australia and New Zealand is acting ...