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Showing 311 - 320 of 1107 results for "Parent"

UK pension funds commit to manager diversity

JAMIE WILLIAMSON  |  WEDNESDAY, 4 AUG 2021
Some of the UK's biggest pension funds have committed to tackling the lack of diversity in funds management. The Asset Owner Diversity Working Group has launched the Asset Owner Diversity Charter, which aims to "build and investment industry which embodies ...

Wells Fargo AM rebrands, names chief

KARREN VERGARA  |  TUESDAY, 27 JUL 2021
... Capital Partners will become the new owners of Wells Fargo AM. In February, they announced their plans to acquire WFAM from parent company Wells Fargo & Company. The new name reflects the strategic direction for the independent firm, with a singular ...

BTFM, Asgard Capital fined $3m

KARREN VERGARA  |  MONDAY, 26 JUL 2021
... court said, by providing customers with statements which did not show that ongoing adviser fees continued to be deducted. Parent company Westpac agreed to pay the civil penalties for BT and Asgard. Pointing to Asgard, the court said it "breached its ...

SelfWealth to add crypto trading

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... launched US shares in December 2020. Whitaker took up the chief executive position in April 2021, joining from Mercer's parent company Marsh McLennan.

Inheritance not expected: Research

ELIZABETH MCARTHUR  |  FRIDAY, 2 JUL 2021
New research from the University of South Australia has revealed that the younger generation wants their parents to enjoy their retirement, and they don't feel owed an inheritance. It turns out, the younger generation are not particularly money hungry ...

ASI product development lead exits

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
... prompted by the appointment of Stephen Bird in October 2020 as group chief executive of Standard Life Aberdeen (SLA), the parent company of ASI, who is spearheading a shakeup of the global company. This includes the recently unveiled rebrand to Abrdn. ...

Channel Capital adds Cayman director

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
... business, partnering with Des Mac Intyre, the former chief executive of the US$613 billion Mellon Investments who left after parent BNY Mellon transitioned Mellon's assets to its other brands including Insight and Newton. The US business, Eolas Capital ...

CBA offloads general insurance arm

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
... value chain." The sale comes after the bank divested its 37.5% stake in BoCommLife to MS&AD Insurance Group Holdings, the parent company of Mitsui Sumitomo Insurance Co for $886 million. CBA is also expected to complete the sale of CommInsure Life to ...

Verve Super launches gender diversity index

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
Verve Super has launched a gender diversity index and will subsequently change how it allocates members' funds based on how Australian companies perform against the index. The Verve Gender Equality Index selects public Australian companies that ...

Maine forces pension funds to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUN 2021
... stocks or other securities of any corporation or company within the fossil fuel industry or any subsidiary, affiliate or parent of any corporation or company among the 200 largest publicly traded fossil fuel companies". The fund must also divest any ...