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Showing 3941 - 3950 of 8182 results for "Institutional"

Trustee Partners crosses the ditch

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2017
Trustee Partners made its first overseas investment, acquiring a New Zealand fiduciary services firm with an offer too strong to ignore. A dominant fiduciary services business in the New Zealand market, Complectus, was bought by Trustee Partners in ...

Liquidnet acquires global tech firm

ALEX BURKE  |  THURSDAY, 18 MAY 2017
Institutional dark pool network Liquidnet is preparing for changes to European Union markets regulation through the acquisition of a global provider of equity analytics. OTAS Technologies, established in 2011, currently provides equity market analytics ...

SSGA ramps tech exposure post-Trump

ALEX BURKE  |  THURSDAY, 18 MAY 2017
The first 100 days of the Trump administration have seen State Street Global Advisors double its exposure to US technology companies in its Global Equity Fund, even if said exposure still trails the cap-weighted index. SSGA global active quantitative ...

Australian impact investing primed to reach $32bn

EMMA RAPAPORT  |  THURSDAY, 18 MAY 2017
A new initiative to support the development of Australia and New Zealand's impact investment market has been launched by Responsible Investment Association Australasia and Impact Investing Australia. The Impact Investment Forum, chaired by former Christian ...

MainstreamBPO expands global footprint

KARREN VERGARA  |  THURSDAY, 18 MAY 2017
ASX-listed administration provider MainstreamBPO has acquired a global fund administrator boosting its funds under administration by US$7 billion. MainstreamBPO entered a sale agreement to purchase Irish firm Trinity Fund Administration's operations ...

Senior executives sworn to secrecy over bank levy

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
The five major banks are banned from consulting with their boards, customers or shareholders prior to the implementation of legislation around the new bank levy. In what the Australian Bankers' Association has labelled an extraordinary move, the Federal ...

Senior ATO official tangled in $165m fraud scandal

JAMIE WILLIAMSON  |  THURSDAY, 18 MAY 2017
One of the Australian Taxation Office's most senior and long-serving officials is expected to be charged in relation to an Australian Federal Police investigation into an alleged $165 million tax evasion syndicate. Deputy tax commissioner Michael Cranston ...

Investors torn over ESG capabilities

EMMA RAPAPORT  |  WEDNESDAY, 17 MAY 2017
... or more of the revenues came from coal or gambling. There was no exposure to pornography or tobacco. Speaking to institutional investors in Sydney this week, Mellon Capital managing director and head of equity portfolio management Karen Wong explained ...

Barclays refunds US$97m for overcharging clients

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2017
Banking and financial services giant Barclays Capital has agreed to refund $97 million to clients for misrepresenting services and overcharging advisory and mutual fund fees. An investigation by the US Securities and Exchange Commission found Barclays ...

J.P. Morgan appoints new chief executive

KARREN VERGARA  |  WEDNESDAY, 17 MAY 2017
J.P. Morgan's local chief executive Rob Priestley has stepped down after 15 years in the top spot. Head of global investment banking Paul Uren will replace Priestley as chief executive for J.P. Morgan Australia and New Zealand. Priestley joined the ...