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Showing 11 - 20 of 20427 results for "Business"

Former abrdn MD takes on chief executive role

ELIZA BAVIN  |  FRIDAY, 6 DEC 2024
... abrdn (formerly Aberdeen Asset Management) Australia. Jollie spent 23 years at abrdn, mostly in senior wealth, funds and business management roles. He also sat on the board of the Financial Services Council for six years. Hearts and Minds chair Chris ...

New investment fund to drive gender equality

MATTHEW WAI  |  THURSDAY, 5 DEC 2024
... collaboration. This is why we're proud to be standing alongside Future Generation as it champions investment in women." Australian Business Growth Fund chair and Future Generation Women advisory member Elana Rubin said: "At Future Generation Women, we ...

Equity Trustees completes AET integration

ELIZA BAVIN  |  THURSDAY, 5 DEC 2024
... Equity Trustees." O'Brien added AET is now operating seamlessly as part of the Trustee and Wealth Services private client business and has added scale, expertise, geographic spread, and leadership in more markets. "It has increased FUMAS, boosted revenue ...

More work to do on reportable situations compliance, ASIC says

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... of the licensees recorded fewer than five incidents in their incident registers. Even allowing for different sectors, business models and compliance measures, this is very low. It suggests deficiencies in incident identification, which in turn affects ...

Tyndall AM head of Aussie equities to retire

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... head of Australian equities, with his replacement confirmed. Tyndall Asset Management announced Potter will depart the business after 23 years, the last 12 of which he spent as head of Australian equities. Potter took on the role shortly before Tyndall ...

Cbus lacks stringent director, expenditure policies: Deloitte

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... Deloitte to conclude whether the expenditure decisions were made for the sound and prudent management of the trustee's business operations and achieved intended purpose and stated benefit." In releasing the report, Cbus said: "Cbus acknowledges the ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... week's boost in retail sales for October was a one-off event or if it signals a more sustained improvement in consumer and business confidence." Public investment rose 6.3% in the September quarter. General government investment rose 6% driven by ...

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
ASIC has released its first publication of industry-wide data reported under the internal dispute resolution (IDR) data reporting framework, flagging concerns firms are not reporting data accurately. Under the IDR framework, most licensed financial ...

BlackRock makes US$12bn acquisition

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
... billion, creating a US$220 billion franchise. Under the deal, the two entities will create a new private financing solutions business, to be led by HPS chief executive Scott Kapnick. The transaction will be 100% paid in BlackRock equity over five years. ...

Keystone Asset Management to be wound up

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2024
... investments in Shield, the lead generators, and others. At a meeting yesterday, KAM's creditors resolved to wind the business up and appoint liquidators, deeming it to be the best solution for creditors, unitholders, and underlying investors in the ...