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Showing 361 - 370 of 1114 results for "Parent"

Channel starts US business, taps Mellon chief

KANIKA SOOD  |  TUESDAY, 2 MAR 2021
... second foray overseas. Last month, it announced the launch of a Cayman Islands subsidiary. BNY Mellon Investment Management (parent of Mellon Investments) last month announced it would transition Mellon Investments' US $105.2 billion fixed income ...

Stimulus, ERS boost financial comfort

ELIZA BAVIN  |  MONDAY, 1 MAR 2021
The government's stimulus spending, and reforms like the early release scheme, have boosted Australian financial comfort to record highs despite the impact of COVID-19. The ME Bank Household Financial Comfort Index improved by 2% to 5.89 out of 10 during ...

Aviva Investors appoints chief investment officer

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
... Real Estate, Infrastructure and Private Debt, and an integrated ESG approach that I believe is a differentiator for our parent Aviva and our external clients." "My objective will be to ensure we continue growing the platform by delivering the investment ...

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... expenditure. Scott Connolly, assistant secretary of the ACTU, said that there is a specific exclusion of dividend payments to parent companies from being required to comply with the newly worded best financial interest test - which is "hypocritical and ...

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
New Rainmaker research has found being a member of a typical lifecycle MySuper product could reduce a person's retirement savings by up to 23% by age 70. The research found that if a member were to stay in a typical lifecycle MySuper product for their ...

Investment Trends hires head of strategy

KARREN VERGARA  |  THURSDAY, 4 FEB 2021
... research firm having recently worked as a state manager for MLC Advice partnerships. Tunny joined MLC in 2006 and moved on to parent company NAB, working in senior roles across insurance and business development. He then took on a leadership role in ...

BT appoints risk expert

KARREN VERGARA  |  TUESDAY, 2 FEB 2021
... management includes performance improvement, transformation/change projects, stakeholder management and business processes. BT parent company Westpac is currently hiring an executive manager or risk for platforms and investments who will report to Guillot. ...

Gender diversity has a way to go: Research

ANNABELLE DICKSON  |  FRIDAY, 29 JAN 2021
Only 10 publicly listed companies in Australia have made it onto the Bloomberg 2021 Gender-Equality Index (GEI), despite a record number of companies that disclosed data. From financial services, companies that made the index include Commonwealth Bank ...

BlackRock reinforces commitment to ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JAN 2021
... their peers," Fink said. "During 2020, 81% of a globally-representative selection of sustainable indexes outperformed their parent benchmarks. This outperformance was even more pronounced during the first quarter downturn, another instance of sustainable ...

Aura hires executive from Challenger

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
... property and requires a minimum investment of $500,000. It charges a management fee of 0.85% p.a. but not performance fees. Parent company Aura Group has offices in Sydney, Melbourne, Brisbane and Ho Chi Minh City. Also Sydney-based, Damien Hatfield ...