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Showing 371 - 380 of 1814 results for "GIA"

AustralianSuper bolsters leadership

HARRISON WORLEY  |  MONDAY, 1 JUN 2020
Australia's largest superannuation fund has added to its executive leadership, with the appointment of a former adviser to Prime Minister Kevin Rudd as its new public affairs boss. Sarah Adams has been appointed group executive strategy, brand and reputation ...

High Court rules against Fortescue

ELIZA BAVIN  |  MONDAY, 25 MAY 2020
The High Court in London has lifted an interim injunction preventing news organisations from publishing details of price discounts offered in the low-grade iron ore market by Australian mining giant Fortescue Metals Group (FMG). FMG had applied for ...

Client drags advice firm, advisers to court

KANIKA SOOD  |  WEDNESDAY, 20 MAY 2020
A woman has dragged an advice firm and its leads to court, claiming they took control of her bank accounts and misappropriated about $1.4 million of her money. Danusia Giam is seeking compensation from Melinda and Robert Patterson and three related ...

Platform to shine light on structured products

HARRISON WORLEY  |  TUESDAY, 19 MAY 2020
An investment platform is promising to shine light on the opaque structured product market, helping advisers and their clients understand more about the traditionally exclusive offerings. Local fintech Stropro has launched a new reporting solution designed ...

AMP NZ wealth divestment off

ALLY SELBY  |  FRIDAY, 8 MAY 2020
AMP will no longer divest its New Zealand wealth management business, after it did not receive any offers that met the company's expectations. It also pointed to the economic and market disruption caused by the COVID-19 pandemic as a reason for ...

Northern Trust takes report centre to the cloud

HARRISON WORLEY  |  WEDNESDAY, 6 MAY 2020
Northern Trust has begun beta-testing a new cloud-based version of its Online Report Centre tool, as it plans to bring the update to all clients later this year. The global asset servicing services giant is set to roll out a new version of its Online ...

Chinese tech giant buys 5% stake in Afterpay

ALLY SELBY  |  MONDAY, 4 MAY 2020
A Chinese tech giant has bought a 5% stake in buy-now-pay-later provider Afterpay, after paying approximately $416 million for more than 13 million shares in the company. Tencent is an online entertainment, digital advertising, social media, fintech ...

Advice chief leaves industry fund giant

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
The financial advice chief of a major industry superannuation fund has departed, as the fund's leadership shuffles. UniSuper chief of financial advice John (Jack) McCartney left the $86 billion industry fund late last month, after more than six ...

Property giant kicks off capital raise

ALLY SELBY  |  MONDAY, 27 APR 2020
A $38.9 billion ASX-listed real estate portfolio manager is set to bolster its balance sheet with a multi-million dollar institutional placement, as it moves to better withstand the impacts of the COVID-19 pandemic. In addition to the $275 million institutional ...

BlackRock profits slump during COVID-19

KANIKA SOOD  |  FRIDAY, 17 APR 2020
The investing giant reported a 23% fall in its net income and investors flocked to cash management products over BlackRock's other offerings during the March quarter. BlackRock, which manages about US$7.1 trillion in average AUM, generated US$806 million ...