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Showing 361 - 370 of 3530 results for "s. First"

Cbus strategy chief exits

KARREN VERGARA  |  MONDAY, 22 JUL 2024
The chief strategy officer of Cbus Super has resigned from the post after eight years with the fund. Alexandra West was less than a year into her new role as strategy chief before she resigned effective June 7. West stepped into the newly created role ...

Wealth managers rev up for Lifeline, Starlight

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
The Berry Motorfair returns this year with the aim of raising $150,000 for Lifeline Australia and the Starlight Children's Foundation. The event will be held on November 24 at the Coolangatta Estate Winery in Shoalhaven Heads, New South Wales. The ...

MLC awards $285m mandate to Janus Henderson

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
MLC Asset Management has awarded Janus Henderson a $285 million emerging markets equities mandate. Janus Henderson said the mandate showcased the growing need for Australian institutional investors to have exposure beyond major market indices. The mandate ...

Vanguard Super's default option delivers 13.2% return

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
Vanguard Super's default MySuper lifecycle investment option has posted a 13.2% return in its first full financial year. This investment option outperformed some of Australia's largest superannuation funds, surpassing all industry funds on a one-year ...

Global X set to launch an Australian Bank Credit ETF

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
... banking sector. The ETF will track the performance of the Solactive Australian Bank Credit Index and will be Australia's first passively managed package of senior bonds, subordinated bonds, and hybrid securities. It will be the only index-based ETF providing ...

ASIC delivered court win over Firstmac DDO failure

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
ASIC won its first Federal Court action in relation to breaches of design and distribution provisions against non-bank lender and investment manager Firstmac over a cross-selling strategy for investment products. The Federal Court found yesterday that ...

Global X launches currency hedged version of FANG+ ETF

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... movements, less the annual management fee (0.15% p.a.), by investing in physical gold bullion bars. It also pioneered the world's first physically backed gold exchange traded product (ASX: GOLD) in 2003, which remains the largest and most liquid of its ...

Colonial First State reports strong super returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
Colonial First State (CFS) has posted double digit returns for its MySuper balanced and growth funds during FY24. CFS's FirstChoice Employer Super balanced fund (MySuper Lifestage 1965-69) achieved a 12.1% return, while its FirstChoice Employer Super ...

AllianceBernstein appoints chief AI officer

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
AllianceBernstein announced Andrew Chin has been named the investment firm's first-ever chief artificial intelligence officer. Chin has been working with the firm for 27 years having started as chief risk officer and head of quantitative research ...

New boutique launches private debt fund

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
Nero Private - a newly established boutique non-bank credit firm - has launched its first private debt fund, aimed at supporting Australian small and medium-sized enterprises (SMEs) while offering investors stable returns. Nero Private invests in credit-vetted ...