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Showing 4031 - 4040 of 8182 results for "Institutional"

Macquarie buys UK investment bank for $4bn

ALEX BURKE  |  FRIDAY, 21 APR 2017
A Macquarie-led consortium will acquire a UK investment bank for £2.3 billion ($3.9 billion) and merge it with its existing UK infrastructure business. Macquarie, along with the Universities Superannuation Scheme (USS), purchased the Green Investment ...

Opposition floats SMSF borrowing ban

EMMA RAPAPORT  |  FRIDAY, 21 APR 2017
Self-managed superannuation funds will be banned from direct borrowing under an expanded housing affordability policy unveiled by the Federal Opposition today. Speaking to media this morning, Shadow Treasurer Chris Bowen said the policy will target ...

ESG adoption grows, returns follow

JAMIE WILLIAMSON  |  FRIDAY, 21 APR 2017
... screens to mitigate instability. SSGA head of global ESG business Chris McKnett said there's a collective shift in the institutional investment world causing asset owners and managers to think differently about the consequences of investments. "For the ...

Global bank tests customer service 'bot'

KARREN VERGARA  |  THURSDAY, 20 APR 2017
Global bank Wells Fargo is launching an artificial intelligence-driven customer service 'chat' experience within Facebook's Messenger application. Wells Fargo customers who frequently use Messenger will be able to save time using the chat bot functionality ...

Advice dealer group hires state manager

KARREN VERGARA  |  THURSDAY, 20 APR 2017
An advice dealer group is welcoming a former AMP advice manager to head its Queensland business as part of the boutique firm's expansion strategy. Joining Evermore Money Management as Queensland state manager is Chris Chetham. The firm said Chetham ...

Republic Capital chief executive departs

ALEX BURKE  |  THURSDAY, 20 APR 2017
... officer at Swita Investment Management, head of operations at Arnott Capital and a financial controller in Westpac's institutional bank. At the time of Baker's appointment, Republic Capital non-executive chair Brian Thomas described the incoming chief ...

IFM Investors and Samsung partner for infrastructure fund

EMMA RAPAPORT  |  THURSDAY, 20 APR 2017
An Australian institutional investment manager is partnering with Korea-based Samsung Asset Management to form a global infrastructure debt fund. The US$480 million fund will be jointly managed by IFM Investors and Samsung Asset Management to invest ...

Banks must overhaul product-based incentives

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
Retail banking practices don't carry "significant systemic risks" that deliver poor customer outcomes, an independent review has found. Some current practices however, are promoting unacceptable behaviours inconsistent with good customer outcomes and ...

New CFO for Charter Hall

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
ASX-listed property investment group Charter Hall has appointed its new chief financial officer. Russell Proutt has more than 25 years of finance experience, including 11 years at Brookfield Asset Management - a Canadian listed diversified real asset ...

WAM Capital buys unlisted company

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
Listed investment company WAM Capital, managed by Wilson Asset Management, is acquiring an unlisted investment company with net assets worth $25.5 million. It will issue 13,246,376 new shares under the terms of the deal on or before 19 April, calculated ...