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Showing 3191 - 3200 of 34160 results for "Over"

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... including continued non-compliance with the Protecting Your Super regime. According to the Systemic Issues Insights Report, over 20,000 consumers were impacted and resulted in refunds of some $4.3 million to the impacted individuals. Throughout the period ...

New PGIM chief executive named

MATTHEW WAI  |  MONDAY, 11 NOV 2024
... and private market solutions. We know that he is the right person to lead PGIM's next chapter of growth," Sullivan said. "Over the last decade, PGIM has meaningfully expanded its third-party asset management business. "Jacques' expertise will allow us ...

Invesco Advisers pays $26m over false ESG claims

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
Invesco Advisers was charged by the Securities and Exchange Commission (SEC) after it was found to have misled investors as to what proportion of its total assets were invested according to ESG principles. Invesco Advisers was charged with willfully ...

Capital Partners managing director steps down

JAMIE WILLIAMSON  |  SUNDAY, 10 NOV 2024
... 25 years. Andrew founded the West Australian firm in 1999. It's since grown to employ more than 50 staff and service over $2 billion in assets. Andrew will step down in January 2025, to be succeeded by the firm's current chief operating officer ...

Prime Super names investments lead

ELIZABETH FRY  |  FRIDAY, 8 NOV 2024
Prime Super has recruited a former Media Super chief investment officer to lead the investment team. Michael McQueen joins the $7 billion industry fund as general manager of investments, replacing Jane Kang who left last year. In the new role, McQueen ...

GQG's FUM pulls back, breaks six-month streak

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
... firm's last dip in FUM occurred in April this year. GQG also reeled in US$3 billion in net flows across its strategies over October, bringing its year-to-date net flows to US$20.3 billion The strategy which attracted the most net flows (US$1.2 billion) ...

Head of strategy exits Australian Retirement Trust

ELIZABETH FRY  |  FRIDAY, 8 NOV 2024
... personal goal to make a difference for our members. "I am proud to have developed and stewarded ART's strategic direction over the last three years and collaborated with some of the most knowledgeable experts in this industry." Ko has 20 years of ...

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
The Reserve Bank of Australia (RBA) is seeking industry feedback on a central bank digital currency (CBDC) research initiative, Project Acacia. The project will explore how different forms of digital money and associated infrastructure could support ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... Reserve cut interest rates overnight, in line with market expectations, but chair Jerome Powell faced a raft of questions over President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 basis point ...

Perpetual reveals new leadership structure

JAMIE WILLIAMSON  |  FRIDAY, 8 NOV 2024
... expertise, clearer lines of accountability, agility and faster decision making in the service of our clients. We plan to, over time, keep our central group functions small and maintain regional support where it helps our business grow or there are clear ...