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Showing 21 - 30 of 82 results for "Avant"

Pacific Current Group buys into fund manager

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
Pacific Current Group (PAC) has purchased a stake in LA-based private credit and structured equity investment management firm Avante Capital Partners (Avante). The 24.9% equity interest in Avante cost PAC about $61 million, with $23 million to be paid ...

Retail super funds plan to merge

ANDREW MCKEAN  |  WEDNESDAY, 26 JUL 2023
Centric Super is set to merge with encircle Super following the latter's trustee, Avanteos Investments, announcing the fund's closure. In a parallel development, Colonial First State Investments is also stepping down as the operator of encircle's managed ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
A host of Equity Trustees and OnePath options once again dominated the worst-performing and most expensive Choice products in APRA's newly published heatmap results. Of the 407 options with an eight-year return history APRA analysed, 182 or 45% ...

Resolution Life appoints new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... executive position in the local business. Appointed in her place is Tim Tez, currently chief executive, medical indemnity at Avant Mutual. His appointment is effective February 2023, bringing more than two decades' experience in life and health insurance. ...

Defective disclosures see Avanteos Investments fined

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
The former Commonwealth Bank subsidiary will pay a penalty of $1.71 million for failing to update defects in its disclosure documents related to charging fees to super members after they'd died. This marks the first criminal prosecution for failing ...

Mercer chief operating officer departs

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
Mercer's chief operating officer Chris Stevens has left the asset consultant. In a post, Stevens said: "After five years, I've made the difficult decision to leave Mercer and take a few months off to recharge the batteries before taking on the next ...

CFS appoints John Brogden

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
Former politician John Brogden has taken on a new role with Colonial First State. Acting chair of Colonial First State Investments Limited (CFSIL) and Avanteos Investments Limited (AIL) Greg Cooper announced Brogden will join the boards of CFSIL and ...

Resolution Life names new investments chief

KARREN VERGARA  |  WEDNESDAY, 12 JAN 2022
Resolution Life Australasia appointed a chief investment officer in the New Year who joined from Avant Mutual. John Lucey became part of the executive team this month, responsible for leading the investment strategy and management for the life insurer. ...

Avanteos faces criminal charges over deceased super members

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
superannuation members. Avanteos pleaded guilty to 18 criminal charges relating to failures to update defective disclosure statements and continuing to charge fees to deceased super fund members. At the time of the offending, Avanteos was a subsidiary ...

Metrics hires three senior leads

KARREN VERGARA  |  FRIDAY, 17 SEP 2021
... Initiative, based in London. Lalit Barhate is the new director of internal audit and was previously the head of internal audit at Avant Mutual Group where he spent more than nine years. The new hires are all based in Sydney. Metrics managing partner ...