Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3121 - 3130 of 10367 results for "Trust"

Sydney boutique hires former Franklin PM

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
... million listed investment company Templeton Growth Fund (ASX: TGG), and then the $161 million unlisted Templeton Global Trust Fund since 2000. "Peter's joining the firm is a real vote of confidence in the quality of what we are building at Nanuk and ...

WealthO2 names chair, director

ANNABELLE DICKSON  |  TUESDAY, 12 JAN 2021
... establishing Macquarie Wrap, the Professional Series, and retail life insurance businesses, as well as leading the Cash Management Trust. Prior to this, Roderick established HSBC Australia's corporate electronic banking service and re-established HSBC'S ...

CFM local head takes on new role

KARREN VERGARA  |  FRIDAY, 8 JAN 2021
... analytics. CFM recently terminated its two funds in Australia, the CFM Institutional Systematic Diversified and CFM ISTrends Trust, after challenging returns and stagnant assets. A CFM spokesperson said the funds were shut after reviewing the strategies ...

Northern Trust wins First Sentier mandate

KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
The $219 billion global manager has appointed Northern Trust for middle-office outsourcing services, after it separated from Commonwealth Bank. First Sentier Investors' middle-office functions were handled by CBA subsidiary Colonial First State ...

Prioritise underperformance over stapling: AIST

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
The Australian Institute of Superannuation Trustees says the new Your Future, Your Super laws should prioritise underperformance ahead of stapling as existing members stuck in dud funds will be worse off. In its submission to the draft legislation ...

Class action launched against OnePath

ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
Slater and Gordon have filed a class action against ANZ and its former subsidiaries OnePath Custodians and OnePath Life as part of its #GetYourSuperBack campaign. Filed in the Federal Court in December 2020, this makes the fifth class action launched ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
Challenger will spend $35 million to buy Catholic Super's banking business, in a move that Bell Porter says could have more upside than suggested by the company this morning. Challenger and MyLife MyFinance have entered into an agreement with an expected ...

Former adviser pleads guilty to theft, dishonesty

KANIKA SOOD  |  TUESDAY, 22 DEC 2020
... a licensed financial adviser in 2011, he was a part of a $1.48 million raise for the IPO of Avior Australia. He set up a trust account to collect clients' funds and was its sole signatory. Between June 2011 and April 2012, he withdrew or transferred ...

First Super adds to board

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
The chief executive of an industry association will First Super's board, replacing former director and co-chair Lisa Marty. Dean Brakell will join First Super's board, commencing 1 January 2021. Brakell is chief executive of the Australian Cabinet & ...

Equity Trustees reports on 2020 giving

KANIKA SOOD  |  FRIDAY, 18 DEC 2020
Equity Trustees' annual giving report says donors made 3241 grants in the year, with natural disaster being key areas of focus. In all, Equity Trustees made 3241 grants in 2020 (up from 3031 grants last year). There was an uptick in grants over $100,000 ...