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Showing 301 - 310 of 4021 results for "January"

Magellan makes internal PM moves

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
... co-portfolio manager for Magellan's Global Equities strategy and has over 20 years' investment experience. She joined Magellan in January 2007 and was involved in the Global Equities strategy since its inception in July 2007 until December 2017. Thomas ...

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... Securities Exchange Commission (SEC), held in the Absolute Return Mortgage-Backed Securities (ARMBS) strategy between January 2017 and April 2021. MIMBT is MAM's registered investment adviser based in Philadelphia. The now-defunct ARMBS fund invested ...

AMP BOLR litigants face lengthy payout process

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
... grandfathered commission revenue initially from 4x to 1.42x. From 1 September 2019, this reduced by 0.8333 per month. On 1 January 2021, the multiple was worth zero. Looking at it from a practical point of view, Macdonald said that some of the objectives ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... provide superannuation calculators and retirement estimates. They must update the default rate by 31 December 2024. From 1 January 2025, the revised rate of 3.7% p.a. will apply. Following feedback from the industry, ASIC said all the submissions supported ...

Former director sentenced for misappropriating investor funds

JAMIE WILLIAMSON  |  MONDAY, 9 SEP 2024
... some of it. Russell Sandiford was sentenced to two years and eight months imprisonment, to be served at home. Between January 2020 and June 2022, Sandiford contacted individuals using email addresses he obtained in previous roles he held at brokerage ...

Zurich appoints chief risk officer

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
... Zurich team in Australia and look forward to further evolving the team's strong risk management capability." Commencing 6 January 2025, Wainwright will relocate from the UK to Sydney and report into Zurich's regional head of risk for Asia Pacific Sid ...

CLSA penalised over data mistakes

MATTHEW WAI  |  FRIDAY, 30 AUG 2024
... distorted data is "potentially hindering" to ASIC's market surveillance capabilities. ASIC launched an investigation on 16 January 2023 after CLSA reported two block trades, which generated volume alerts on ASIC's surveillance systems.

NGS Super names new chair

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... Newcombe intending to retire at the end of the year, NGS Super has appointed John Battams as independent chair from 1 January 2025. Battams is currently on the board of QIC and chairs its risk committee. He also chairs the Queensland Teachers Union Health ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... potential rate cut at this stage would not come until February next year (after the December quarter CPI result in late January)."

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... over $1 billion at the end of a financial year, or more than 500 employees. These requirements will take effect from 1 January 2025. "These critical reforms provide investors and companies the clarity and certainty they need to support the net zero transformation ...