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Showing 11 - 20 of 503 results for "ARC"

AustralianSuper supersizes Churchill Asset Management mandate

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
AustralianSuper has bolstered its existing mandate with Nuveen affiliate, Churchill Asset Management, increasing the investment program size to US$1.5 billion. The A$300 billion super fund and asset manager's partnership, first announced in December ...

Advice firms must scale up to meet demand: AZ NGA

CASSANDRA BALDINI  |  WEDNESDAY, 6 DEC 2023
Financial advice businesses must supercharge their capabilities, expand their capacity, and scale up to reach and serve more Australians. According to AZ NGA's paper, titled Ready or Not? A guide to building a super firm, the industry's current ...

Wealth firm awards CFS Edge mandate

KARREN VERGARA  |  MONDAY, 6 NOV 2023
Colonial First State (CFS) has scored a wealth platform and managed accounts mandate with a large financial advice firm. Viridian Advisory, which has $7 billion in funds under administration, will use CFS Edge. Having officially launched in August ...

Navigator Global appoints chief executive

CASSANDRA BALDINI  |  TUESDAY, 10 OCT 2023
Navigator Global Investments (NGI) has named Stephen Darke as its new chief executive, based in Australia, following the departure of Sean McGould. Darke will step into the role at the end of the month and take up a seat on NGI's board as an executive ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
The private credit boom shows no signs of abating as a spate of wealth managers step into traditional lending practices once dominated by banks. But how long will its golden hour last? After a prolonged low-growth period, fund managers are swooping ...

PwC chief executives hold too much power: Review

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... stature than partners in senior leadership roles, or the chief executive," he said. "The remuneration outcomes and career arc of any partner, including members of the board of partners, may be influenced by more senior partners across the firm. Independent ...

BNP Paribas reappointed as custodian for wealth platform

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
BNP Paribas' Securities Services will remain custodian for HUB24, the platform rapidly gaining market share. As part of the renewed mandate, BNP Paribas will extend its local and global custody services to HUB4, continuing a partnership that began ...

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... generates $3.32 in returns. An independent report by ACIL Allen shows that research funded by the Australian Research Council (ARC) is varied and has a range of economic, social, environmental, cultural and research capacity impacts. Since some impacts ...

NZ Super Fund secures stake in Euroclear

CASSANDRA BALDINI  |  MONDAY, 4 SEP 2023
NZ Super Fund has acquired a 4.99% shareholding in Brussels-based Euroclear, a provider of essential financial markets infrastructure. With assets under custody totalling around €36 trillion and facilitating over €1 quadrillion in annual securities ...

ASIC, RBA set high expectations for ASX

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2023
ASIC and the Reserve Bank of Australia (RBA) have set out high expectations for the ASX to get the CHESS replacement right, forcing it to consult on all matters on the CHESS replacement with the newly established oversight body. In a joint letter, the ...