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Showing 2861 - 2870 of 8182 results for "Institutional"

Mercer wins two super fund mandates

HARRISON WORLEY  |  TUESDAY, 16 OCT 2018
Mercer has renewed its administration mandate with a $9 billion industry superannuation fund; and it has become manager for the $250 million Anglican National Super plan. The Synod of the Anglican Diocese of Sydney said it has replaced long-time manager ...

Liquidnet appoints Australia head

KANIKA SOOD  |  TUESDAY, 16 OCT 2018
The institutional trading network has appointed a new head of Australia after the former head left for Chi-x. Kate Weidenhofer will now be responsible for Liquidnet's strategic direction and its next phase of growth, the company said. She replaces ...

Charity comparator to launch premium service

KANIKA SOOD  |  MONDAY, 15 OCT 2018
A charity comparator website co-founded by a former Lonsec general manager is set to launch a premium vetting service for wealthy donors. The Impact Suite collects data on about 56,000 not-for-profits (NFP) and charities. The free version launched in ...

JP Morgan Asset Management grows distribution team

HARRISON WORLEY  |  MONDAY, 15 OCT 2018
JP Morgan Asset Management appointed a former BlackRock institutional director, expanding its Australian distribution team. Prema Basoor links with the US$1.7 trillion firm as an executive director, institutional client advisor. She will be based in ...

ANZ chief says remediation is "distracting"

KARREN VERGARA  |  FRIDAY, 12 OCT 2018
ANZ chief executive Shayne Elliott has admitted to a parliamentary inquiry that the bank saw its remediation programs as a "distraction" and at one point took up to 15 years to compensate some customers. This morning, Elliott told the House of Representatives ...

Cbus invests in UK infrastructure

KANIKA SOOD  |  FRIDAY, 12 OCT 2018
The $47 billion industry fund has taken a direct stake in a UK ports company in which First State Super also holds a share. The investment in Forth Ports is Cbus' first direct offshore investment in infrastructure. It takes Cbus' infrastructure ...

APRA will rethink how it assesses risk: Byres

KANIKA SOOD  |  THURSDAY, 11 OCT 2018
APRA chair Wayne Byres says the regulator will "clearly need to reflect" on the way it thinks about risk after Royal Commission revelations, but the financial services industry needs to step up to change its culture. "I'm not going to give a full response ...

CBA releases remediation scorecard

KANIKA SOOD  |  THURSDAY, 11 OCT 2018
An independent review of CBA's remediation action plan says the bank has satisfactorily hit just one of its 153 milestones as at August end, but is showing evidence of commitment. CBA was required to put together a remediation action plan after APRA ...

Frontier Advisors wins industry fund contract

KARREN VERGARA  |  THURSDAY, 11 OCT 2018
Frontier Advisors will continue to provide asset consulting services to a $9 billion superannuation fund for a further three years. NGS Super announced it reappointed Frontier Advisors, its asset consultant since 2015. Newly appointed NGS Super chief ...

Industry fund renews custodian

KARREN VERGARA  |  THURSDAY, 11 OCT 2018
A $46 billion industry fund has reappointed its custodian for another three years, extending the 20-year partnership. J.P. Morgan will continue to provide custody and fund services to HESTA. HESTA chief executive Debby Blakey said: "We have an ambitious ...