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Showing 4271 - 4280 of 8182 results for "Institutional"

AMP cuts venture capital funding

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
AMP shut down its venture capital arm after launching it less than two years ago. A strategic review of the AMP New Ventures program has resulted in its closing, with the roles of those working in the unit made redundant. A spokesperson for AMP said ...

CBA and Queensland Treasury build blockchain bond

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
... current holder when due, and was developed in digital form using smart contract technology by CBAs blockchain and institutional banking and markets teams. CBA said the use of a decentralised digital ledger for the bond simplifies issuance process, provides ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
Industry superannuation funds are blaming inadequate compliance measures by the Australian Taxation Office for the chronic underpayment of super contributions by employers. At a Senate inquiry in Melbourne today, Industry Super Australia (ISA) stated ...

Zurich hire grows retail risk business

DARREN SNYDER  |  TUESDAY, 24 JAN 2017
... Australian and Asian executive committees and had oversight of sales, consultant activities and client services across institutional and retail distribution channels for all listed and unlisted funds. Mitchell will report to head of distribution, life ...

Hunter Hall receives surprise new takeover bid

ALEX BURKE  |  TUESDAY, 24 JAN 2017
... Such a proposal may now have arrived, with Pinnacle Investment Management completing a placement of $30 million via institutional and sophisticated investors. This placement will support an off-market takeover offer to acquire all of Hunter Hall's shares ...

FIIG appoints acting managing director

EMMA RAPAPORT  |  TUESDAY, 24 JAN 2017
... company's existing network of funders. "John has deep and extensive experience of financial markets and the needs of institutional and individual investors," SocietyOne's chief executive and managing director Jason Yetton said. "He has specialist knowledge ...

AAT upholds adviser appeal against ASIC

EMMA RAPAPORT  |  TUESDAY, 24 JAN 2017
The Administrative Appeals Tribunal upheld an appeal by Tony Davidof, a former Macquarie Equities accredited derivatives adviser, against the Australian Securities and Investments Commission. In 2015, ASIC banned Davidof from providing financial services ...

Westpac fortifies commitment to data protection

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2017
Pointing to an increased focus on cybersecurity, Westpac increased its stake in a Canberra-based data security specialist. Westpac now holds a 16% stake in QuintessenceLabs, a 5% increase that will assist the quantum cybersecurity service provider in ...

New sales chief for State Street platform

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2017
... traders, banks, hedge funds and brokers - all through the Currenex platform. Johnson was most recently director of institutional relationships with LMAX in Singapore where he managed institutional and retail businesses across the APAC region. He has ...

AustralianSuper lends muscle to big employers

MICHELLE BALTAZAR  |  TUESDAY, 24 JAN 2017
AustralianSuper is starting to reap the benefits of its transition to the Link administration platform, signing on three foundation clients to its newly-launched Business Solutions arm. Under the deal, Komatsu, Clough and one other major company (undisclosed ...