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Showing 3721 - 3730 of 29058 results for "PRI"

Perpetual restructures asset management leadership, regional chiefs exit

ANDREW MCKEAN  |  THURSDAY, 24 AUG 2023
Perpetual has established a global asset management leadership team as part of a refreshed strategy, leading to changes in its executive committee. In an ASX announcement, Perpetual revealed that its regional asset management units have unified under ...

Platinum AM chief executive steps down

CASSANDRA BALDINI  |  THURSDAY, 24 AUG 2023
Platinum Asset Management chief executive Andrew Clifford has announced he will vacate the top job but remain as co-chief investment officer. The board confirmed it will shortly commence the hunt for Platinum's next chief and said Clifford will ...

Diverger aims to increase profits via scalability

CASSANDRA BALDINI  |  THURSDAY, 24 AUG 2023
Diverger's net profit after tax dropped by 24% to $2.83 million in FY23 on the back of mergers and acquisitions - something it will continue to pursue. Reporting to the ASX, Diverger announced the completion of four acquisitions and projected collectively ...

No question we need more BTR: Mowat

CHLOE WALKER  |  THURSDAY, 24 AUG 2023
UBS's regional head of real estate John Mowat says there is a "fundamental market need" for more build-to-rent (BTR) developments in Australia. Speaking with Financial Standard, Mowat said there's no question Australia needs more BTR projects. "The ...

Talent attraction key to family office growth: KPMG

CHLOE WALKER  |  WEDNESDAY, 23 AUG 2023
The growth of local family offices in the past five years is driving an increase in demand for investment and management staff, according to KPMG's Australian Family Office Benchmark Report 2023. The survey, produced by KPMG together with Agreus ...

Super assets continue to climb: APRA

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
APRA has published its Quarterly Superannuation Performance and Quarterly MySuper Statistics report, revealing surging growth in the superannuation sector. Total superannuation assets increased by 7.6%, reaching $3.54 trillion in the year to June, compared ...

Bravura hires global head of product

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
Bravura Solutions has named Greg Johnson as its new head, amid intentions to shift towards a product-centric business structure. In the role, Johnson will lead Bravura's global product team and work on simplifying and unifying its suite of products ...

Centrepoint names new chair, borrows $10m for M&A

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
As the former ClearView chief takes over as chair of the group, the new loan will fuel its commitment to accelerating growth through mergers and acquisitions. After seven years at the head of the table, Alan Fisher is stepping down as chair of Centrepoint ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
AMP is facing legal action from global reinsurer Munich Re over potentially deceptive practices in past reinsurance arrangements. In a disclosure nestled within AMP's recent half-year results, it was revealed that AMP Limited and its subsidiaries, including ...

Super tax concessions cost less than future Age Pension savings: Mercer

ANDREW MCKEAN  |  TUESDAY, 22 AUG 2023
According to a Mercer report, superannuation tax concessions for median income earners costs less than the future Age Pension savings from super. The Mercer Rethinking super tax concessions report shows under a model where individuals benefit from superannuation ...