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Showing 4181 - 4190 of 18263 results for "Plan"

New boutique strikes partnership

KANIKA SOOD  |  THURSDAY, 1 OCT 2020
A boutique set up by a former Ellerston Capital investment analyst is teaming up with Sydney's LSL Partners under a revenue share arrangement. Coterie Capital was formed by Daniel Pi, who worked on Ellerston's investment team. It is starting with an ...

Media Super names new chair

ELIZA BAVIN  |  THURSDAY, 1 OCT 2020
Long-serving chair of Media Super Gerard Noonan is retiring at the end of the month as the $6 billion fund continues its due diligence in merger talks with $52 billion fellow industry fund Cbus. Susan Heaney is set to step into the role, with Media ...

82% of advisers pass August FASEA exam

ELIZABETH MCARTHUR  |  THURSDAY, 1 OCT 2020
FASEA has released the results of the August exam, with 82% passing. The results mean 46% of advisers on the ASIC Financial Adviser Register have now passed the compulsory exam. A total of 1521 advisers sat the exam. FASEA did not reveal how many advisers ...

CountPlus member firm makes acquisition

ANNABELLE DICKSON  |  THURSDAY, 1 OCT 2020
... services of CBD Wealth Solutions. Key members of CBD Wealth will transition to Cooper Reeves as part of an agreed succession plan and a seamless transition for CBD wealth clients. Cooper Reeves will pay $600,000 for the acquisition with an initial payment ...

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
Commonwealth Bank has received another payment furthering the divestment of its life insurance business to AIA Group. CBA has received a payment of approximately $450 million for the sale of CommInsure Life with the proceeds resulting in a pro forma ...

Sunsuper adds long/short to Aussie equities

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
The industry fund is adding a long/short manager to its Australian equities allocation after sticking with long-only strategies. Sunsuper head of listed markets Greg Barnes said the fund is looking to add what he describes as an "extended alpha" strategy ...

Netwealth appoints international custodian

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
Netwealth has appointed a global custodian, who will also provide global and domestic equities execution and fund administration. Citi, which is the third largest custodian in Australia, will provide the services to Netwealth. Citi has been executing ...

Pension funds sue Allianz Global Investors

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... Allianz GI failed its stewardship over the now-defunct Structured Alpha Funds portfolio. Now, the Teamster Members Retirement Plan, and the pension schemes for New York's Metropolitan Transportation Authority and Blue Cross Blue Shield Association ...

Mawhinney lashes out at regulator

ELIZABETH MCARTHUR  |  TUESDAY, 29 SEP 2020
... we deliver a positive outcome for our investors," Mawhinney said. Mawhinney said Mayfair 101 would present a restructuring plan and would work with the liquidators to achieve a "positive outcome" for the M Core noteholders. The liquidators report, meanwhile ...

InvestPro appoints Australia lead

ELIZA BAVIN  |  TUESDAY, 29 SEP 2020
Financial Risk Solutions (FRS), provider of InvestPro, has announced the appointment of country manager for Australia. Terry Kyle will take on the role and his appointment is part of the firm's ongoing expansion in the region. Kyle will be responsible ...