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Showing 291 - 300 of 675 results for "Legacy"

Bumpy quarter for AMP

KARREN VERGARA | THURSDAY, 22 OCT 2020

... latest quarterly update shows subsidiary AMP Capital lost $1.1 billion as a result of client redemptions and "run-off of legacy business" related to AMP Life. Average assets under management reduced to $189.8 billion from $191.9 billion in June 2020. ...

Transition away from LIBOR continues

ELIZABETH MCARTHUR | TUESDAY, 13 OCT 2020

... ISDA Protocol is important for all users of LIBOR in derivatives contracts. Having these robust fallbacks in place for legacy contracts is a vital step in the transition away from LIBOR."

Asset allocators not prepared for market complexity: Milestone

ELIZA BAVIN | WEDNESDAY, 30 SEP 2020

... Additionally, the survey found that half of all respondents indicated their current technology profile is comprised of multiple legacy systems and spreadsheets. One quarter of respondents also said they are still using spreadsheets to manage critical ...

Remembering Susan Ryan

JAMIE WILLIAMSON | MONDAY, 28 SEP 2020

... leader. "Susan spent her career improving the lives of working Australians and their retirement...Susan leaves behind a legacy that her family and all Australians can be proud of," Davidson said. Prior to her time in superannuation, and what she is best ...

MLC Life restructures, appoints lead

JAMIE WILLIAMSON | WEDNESDAY, 23 SEP 2020

... service experience we are delivering is not acceptable to our retail partners and customers as we are transitioning to new, legacy-free technology platforms." "These changes are a response to those challenges and I am confident that, once overcome, we ...

Super fund overhauls performance on red rating

KARREN VERGARA | TUESDAY, 15 SEP 2020

... invest," he said. Mitchell went on to say that the restructure is better aligned with member outcomes. "It's part of a legacy situation in that the philosophy going back was very much about guarding and protecting capital. It was designed to try ...

AZ NGA makes acquisition

ELIZABETH MCARTHUR | WEDNESDAY, 9 SEP 2020

... are committed to growing their business, returning value to all stakeholders including clients and staff, and creating a legacy for the next generation."

New research head at Centrepoint Alliance

KANIKA SOOD | TUESDAY, 8 SEP 2020

... revenue (up 11%). The average authorised representative fee of $19,000 increased to an average of $36,000, which offsets legacy rebate revenue decline ($3.3 million). It also flagged appetite for inorganic opportunities.

Market rebound leaves behind active managers

KARREN VERGARA | TUESDAY, 1 SEP 2020

... underlying financial trends bring into sharp focus the growing gap between asset managers that are willing to challenge their legacy businesses and those hoping higher market levels will bail them out of current difficulties," Walters said. Further analysis ...

COVID-19 propels advisers, incumbents into the future

ALLY SELBY | MONDAY, 31 AUG 2020

... that fintechs are a strategic partnership opportunity for incumbents. "They can facilitate incumbent transformation from legacy environments, while also enhancing customer and adviser value propositions," Axell said. "Bringing corporates and start-ups ...

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Federal Court calls out ASIC for re-running case on appeal

RIDDHIMA TALWANI

The Full Federal Court of Australia has criticised regulators for falling back on appeals to re-litigate cases on a different legal basis than the one run at trial.

Evergreen founder exits Ascalon Capital

KARREN VERGARA

Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year.

Powerhouse Ventures partners with European fund manager

KARREN VERGARA

ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund.

KeyInvest unveils new investment platform, awards mandate

MATTHEW WAI

KeyInvest has launched a new investment platform to include a plethora of investment strategies ranging from private credit to global equities.

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