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Showing 3491 - 3500 of 8182 results for "Institutional"

Super life code released

KARREN VERGARA  |  MONDAY, 18 DEC 2017
The Insurance in Superannuation Working Group is urging superannuation trustees to sign up to its voluntary life insurance code of practice, which will come into effect 1 July 2018. To eschew account balance erosion, super trustees under the code will ...

US investment giant buys La Trobe Financial

JAMIE WILLIAMSON  |  MONDAY, 18 DEC 2017
... look forward to working closely with them over the coming years to expand and substantially grow our retail and institutional investment programs and our specialist lending offerings." La Trobe Financial manages investment mandates in excess of A$13 ...

CBA hit with fresh AML breaches by AUSTRAC

EMMA RAPAPORT  |  FRIDAY, 15 DEC 2017
The hits keep coming for CBA with fresh allegations of money laundering and counter-terrorism financing levelled by the regulator. In amended statement of claim released yesterday, AUSTRAC filed a further 100 alleged breaches of anti-money laundering ...

Macquarie sells remaining stake in Atlas Roads for $456m

ALEX BURKE  |  FRIDAY, 15 DEC 2017
... per share. Macquarie had already sold 53 million shares at $5.32 each back in September last year to a "range of institutional investors." At the time, the investment bank said it would provide MQA "ongoing support." Recently, though, MQA announced that ...

Channel Capital hires distribution director

ALEX BURKE  |  FRIDAY, 15 DEC 2017
... investment and product analyst at AXA Australia. Financial Standard understands that Dino Rebellato, Aberdeen's institutional business development manager in Melbourne, has also left the company. Commenting on Mandekic's new role, Channel Capital head ...

Remembering Kevin Cottrill

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2017
The long-serving chair of AMIST Super is being remembered for his unwavering advocacy following his passing last weekend. Kevin Cottrill was a director of the $2 billion fund for 22 years, having served as chair for the past 21 years. He passed away ...

T. Rowe Price expands local distribution team

EMMA RAPAPORT  |  THURSDAY, 14 DEC 2017
... Australian presence with the appointment of four new members to its distribution team. Key hires include Ben Daly as institutional focused relationship manager in Sydney and Richard Li as senior product manager. Daly brings over 17 years' experience ...

William Blair distribution head takes on role at Deutsche AM

ALEX BURKE  |  THURSDAY, 14 DEC 2017
William Blair's head of Australia and New Zealand institutional distribution is leaving the firm after five years to take on a new role at Deutsche Asset Management. Alex Francois is now director of sales - asset management at Deutsche AM. Prior to ...

Platinum sells $24m Asia stake

ALEX BURKE  |  THURSDAY, 14 DEC 2017
Platinum Investment Management is selling $24 million worth of shares in its Asia listed investment company, the underlying strategy of which was recently rated as one of the top-performing funds of its ilk by Morningstar. Platinum Asia Investments ...

Listed advice firm loses major shareholder

ALEX BURKE  |  THURSDAY, 14 DEC 2017
A listed financial planning and broking firm with over $40 billion in funds under advice told the ASX that a major shareholder and global financial services group has sold down its stake in the company. UBS owned 15.8% of Bell Financial Group; Bell ...