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Showing 3471 - 3480 of 20552 results for "BEN"

Ian Silk to leave AustralianSuper

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
The chief executive of Australia's biggest superannuation fund AustralianSuper will step down before the end of the year. Having led the fund since its creation on 1 July 2006, Ian Silk is set to leave the super fund at the end of this year. Chief ...

VanEck launches active ETF with Sydney boutique

KANIKA SOOD  |  MONDAY, 12 JUL 2021
VanEck Australia has launched its first externally managed active ETF in partnership with a Sydney credit boutique. The VanEck Bentham Global Capital Securities Active ETF (Managed Fund) (ASX: GCAP) invests in Tier 1 (AT1) securities, contingent convertibles ...

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
Last week, the federal government announced exemptions for the insurance industry in relation to Royal Commission reforms. According to the Consumer Action Law Centre, these exemptions allow the insurance industry to side-step the Royal Commission recommendations ...

Angus Benbow leaves finance for fitness

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
Former Centrepoint Alliance chief executive Angus Benbow has taken up a leadership role with mixed-martial arts gym program Wimp2Warrior. Benbow announced he will be co-chief executive of Wimp2Warrior alongside its founder Nick Langton. "An exciting ...

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
At its July 6 meeting, the Reserve Bank of Australia (RBA) kept the cash rate unchanged at 0.1% and retained the April 2024 bond as "the bond for the yield target" - against speculation that it would roll this over to the November 2024 bond. At the ...

BT Panorama completes migration

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
BT Panorama has completed the migration of its BT Wrap clients, bringing its total funds under administration to over $100 billion. The final tranche of nearly 50,000 accounts worth over $15 billion in funds under administration have migrated to BT ...

WealthO2 launches top manager MDA

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
WealthO2 has introduced a managed discretionary account with several top managed account investment managers. The MDA includes the expertise of investment managers including BlackRock, Evergreen, Lonsec, Morningstar, Ralton AM and Zenith. As WealthO2 ...

Netwealth FUA, inflows rise

ANNABELLE DICKSON  |  THURSDAY, 8 JUL 2021
Netwealth ended the June quarter with a 12% increase in funds under administration (FUA) and a 102% increase in inflows. The platform recorded $47.1 billion in FUA, up from $41.8 billion in March and a 49.6% increase to the previous corresponding period. ...

AMP Capital GEFI sold to Macquarie

JAMIE WILLIAMSON  |  THURSDAY, 8 JUL 2021
... to enhance the products and services we both provide to our clients." Also commenting, head of Macquarie Asset Management Ben Way said the transaction "represents another opportunity to add high-quality, complementary capabilities as we continue to scale ...

New chair for AIA Australia

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
AIA Australia has a new chair, separating its board from the board of AIA New Zealand. Theresa Gattung had been chair for 12 years, now she will serve as chair of the AIA New Zealand board only. Peter Yates, previous chair of CommInsure which AIA acquired ...