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Showing 11 - 20 of 17405 results for %22Ai Group%22

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2024
Lombard Odier Investment Managers (LOIM) is bringing its Plastic Circularity Fund to Australia, following a first close last year with backing from the sovereign wealth fund of Monaco, among others. The LOIM Plastic Circularity Fund (Australia), a private ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... worked so hard for, and today's announcement is a major step forward on that journey," Blackmore said. TAL chief executive, group life and retirement, Jenny Oliver, welcomed the extension of TAL's partnership with AustralianSuper. "We have a long history ...

Perpetual, Pendal combine multi-asset capabilities

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
Perpetual is creating a new multi asset strategies team, in a move that will see the departure of Pendal Group's head of multi asset. The fund manager said a recent review of its multi-asset capabilities resulted in a decision to merge the existing ...

GQG builds private markets unit on PAC stakes

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... managing director Mike Daley. Daley and Greenwood previously worked together at PAC and its predecessor Northern Lights Capital Group. Most of PAC's US-based employees will also become part of GQG. GQG chief executive Tim Carver said: "The launch ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... ASIC joined the case as a 'friend of the court' and supported the trustee and liquidator's attempt to have the group liquidated. "Today's settlement announcement suggests the corporate regulator took the wrong position, supported false ...

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... took effect in early 2023, saw 97 firms that included banks and superannuation funds report IDR data to ASIC. The second group of about 340 financial firms commenced their IDR reporting in August 2023. The first two groups account for the largest financial ...

Boutiques, quant funds shine among active funds

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... actively managed strategies of nearly $9 billion. Orbis Investment Management lost nearly $6 billion, while BT Financial Group, and AMP lost about $4 billion each. "Net outflows since early 2022 are a blow to active managers. Many underperformed passive ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... complying with regulation," Dunn said. "We also expect mergers between multiple platforms within the same financial services group. There will be pressure to close sub-scale platforms where it is difficult to invest in the technology upgrades needed ...

Selfwealth expands leadership team

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... said. "Her tenure as the head of digital and customer experience at MLC Life, as well as her previous roles at BT Financial Group, including national manager customer experience and channel development showcase her expertise in enhancing customer experiences ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... systemic issues were identified. "Some systemic issues impacted large numbers of consumers while others impacted a small group. No matter the number of impacted consumers, in most cases financial firms worked to ensure consumers were remediated fairly ...