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Showing 371 - 380 of 4298 results for "Vic"

Sue Brake joins NZ Super, Lisa Gray departs VFMC

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
Two of Australia's former top executives at the forefront of change have become highly influential figures on sovereign wealth fund boards. Sue Brake, former Future Fund investment chief and adviser to Singapore's central bank has chosen a second ...

Macquarie AM puts money in Aussie real estate investment firm

MATTHEW WAI  |  THURSDAY, 19 DEC 2024
Macquarie Asset Management's Real Estate division (MAM RE) has invested in IDA - an Australian specialist real estate private credit and investment manager - via its Macquarie Real Estate Partners (MREP) fund. Under the deal, IDA founding partners ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
ASIC has launched legal proceedings against HSBC Bank Australia in the Federal Court, alleging the latter failed to "adequately protect customers", resulting in losses of about $23 million through nearly 1000 unauthorised transactions. ASIC said the ...

ART beefs up analytics team

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
Australian Retirement Trust has recruited two specialists to help lead its strategic, digital, and cultural transformation. First up, Sarah Dunn has been appointed general manager of transformation. She joins from Victorian Funds Management Corporation ...

Wellington client exec departs

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
One of the world's largest privately held asset managers has farewelled a senior executive who has been with the firm for two decades. Charles Davies has retired from the $1.2 trillion investment manager where he was a relationship manager in the ...

VFMC welcomes two key execs

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
Victorian Funds Management Corporation has made two new senior appointments - a chief people officer and a head of client services. The $92 billion quasi-sovereign wealth fund has named Karen Perkins the permanent head of client services. Perkins was ...

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
The Financial Advice Association Australia (FAAA) has made a submission to the Senate Economics Committee inquiry into wealth management companies, highlighting financial advisers' concerns around the Compensation Scheme of Last Resort (CSLR). Specifically ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
A settlement has been reached in the class action filed in the Federal Court against auditors for SMSFs run by Melissa Caddick. The class action - led by Melbourne-based law firm Mackay Chapman - was filed on behalf of 21 original group members. Just ...

HarbourVest adds to local team

ELIZABETH FRY  |  FRIDAY, 6 DEC 2024
HarbourVest Partners has hired Vanessa Pham as vice president of its private client group. The private markets specialist said Pham's appointment comes as the asset manager looks to further increase its coverage in the private wealth and family ...

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
MLC will pay close to $65 million to settle a class action that alleged it delayed transferring more than 300,000 members to cheaper MySuper options. Maurice Blackburn has today advised it reached a settlement with MLC Super Fund, NULIS Nominees and ...