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Showing 371 - 380 of 3276 results for "RIC"

HESTA impact lead goes it alone

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
HESTA's head of impact Mary Delahunty has established her own consultancy firm focused on authenticity in ESG. Seven Advisory is Delahunty's new venture, leaving behind her role at the $66 billion industry fund after almost four years. In a ...

Barclays appoints managing directors

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
Barclays has appointed two new managing directors of investment banking in Australia. Duncan Beattie and Duncan Connellan have been named in the roles. Beattie will lead the overall delivery of international capital markets financing for clients in ...

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
The wealth of Australia's 47 billionaires has doubled to $255 billion in the last two years, according to anti-poverty charity Oxfam. A briefing published today by Oxfam, Inequality Kills, has warned of the deadly nature of the world's growing ...

PIMCO lowers GDP growth rate

KARREN VERGARA  |  THURSDAY, 13 JAN 2022
Australia, together with other rich countries, can expect economic activity to slow down in 2022 as coronavirus outbreaks continue to put a spanner in the works. Fund manager PIMCO has downgraded its developed markets outlook for countries that also ...

New role for former OneVue executive

ELIZABETH MCARTHUR  |  TUESDAY, 11 JAN 2022
The former chief executive of OneVue's platform and fund services operations has taken on a new role with a US firm looking to enter Australia. Richard Harris-Smith has been appointed as vice president, wealth management and capital markets for ...

Sustainability will send some broke: Research

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
Efforts to become more sustainable will challenge many firms and perhaps even bankrupt some, experts from MFS Investment Management have noted. In a new research note, MFS global investment strategist Robert Almeida and research analyst Robert Wilson ...

Challenger taps Hamilton for top job

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
Nick Hamilton will take over as managing director and chief executive of Challenger on January 1. Following the announcement of Richard Howes' intention to retire earlier this year, Challenger has appointed Hamilton as his successor. Hamilton currently ...

ASIC bolsters leadership

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
The corporate regulator is adding an executive director of operations, chief financial officer and chief people officer. Announcing the appointments today, ASIC said they are intended to strengthen its capability and effectiveness. Joining in January ...

Domestic bias swells for HNWIs

KARREN VERGARA  |  MONDAY, 13 DEC 2021
Cash, and local equities and property continue to be the preferred asset classes of the rich, according to a new report. High-net-worth individuals' love affair with domestic shares jumped from 56.4% three years ago to 73.4% in 2021, Crestone Wealth ...

Intergenerational transfer hits $1.5tn

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
Australians give away the vast majority of their wealth, as some $1.5 trillion has been passed on to the next generation since 2002, the Productivity Commission finds. In 2018 alone, nearly 90% of the $100 billion transferred was in the form of inheritances ...