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Showing 411 - 420 of 4023 results for "January"

Natixis IM subsidiary hires head of sustainability

KARREN VERGARA  |  FRIDAY, 12 JAN 2024
... affiliate Flexstone Partners appointed a managing director and head of sustainability. Samira Boussem took the post on January 8, having been promoted from her role as head of ESG at Natixis Investment Managers Solutions, which she held since April 2022. ...

PineBridge Investments names distribution head for APAC, EMEA

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
PineBridge Investments appointed a new head of intermediary distribution for APAC and EMEA, effective January 1. Based in Singapore, Nicolas Kopitsis was appointed to oversee the asset manager's APAC and EMEA intermediary business strategy, distributing ...

Court fines Linchpin, Endeavour directors

KARREN VERGARA  |  THURSDAY, 11 JAN 2024
... then-subsidiary Beacon Financial Group. All four were banned from providing financial services for five years in November 2019. On January 10, Judge Cheeseman ordered that Nielsen and Williams each pay a $100,000 penalty for their involvement. They are ...

BlackRock to cull 3% of global workforce

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... itself for a "new environment," chief executive Larry Fink and president Rob Kapito announced in a memo sent to staff on January 9. "As we prepare for 2024 and this very exciting but distinctly different landscape, businesses across the firm have developed ...

More outflows for Platinum

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... Platinum Global Transition Fund. Platinum's newly named chief executive Jeff Peters officially started his new role on January 8 following the approval of his working visa that will allow him to migrate from the US to Australia. The fund manager ...

AFCA amends consumer compensation caps

KARREN VERGARA  |  TUESDAY, 9 JAN 2024
... Australian Financial Complaints Authority (AFCA) has revised the maximum amount consumers can claim for compensation. As of 1 January 2024, the maximum compensation amount a complainant can apply for is $1.263 million, which was previously $1.085 million. ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... well. The ban was effective 5 December 2023. According to ASIC's Financial Adviser Register, between September 2010 and January 2015, Pagliaccio jumped between at least six different licensees. His ASIC FAR record has not been updated since June 2016. ...

Former director sentenced to over four years imprisonment

ANDREW MCKEAN  |  THURSDAY, 21 DEC 2023
... funds (SMSFs) and to lend those funds to his two companies, Secure Investments and Aquila Group. Between 13 May 2015 and 6 January 2020, Naseeruddin dishonestly obtained more than $520,000 from six investors, including three First Nations investors from ...

Treasury to refresh financial adviser exam

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... adviser exam is due for some changes as Treasury bids to make it more flexible. The consultation, which is open until 10 January 2024, is proposing several changes under the Corporations (Relevant Providers-Education and Training Standards) Amendment ...

Woodford investors approve Link redress scheme

JAMIE WILLIAMSON  |  FRIDAY, 15 DEC 2023
... in-person or by proxy to vote, Link Group said. The scheme now requires final approval from the courts, scheduled for late January. If it is approved, Link Group said it expects to make an initial payment of $381 million in Q1. Link Group added that ...