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Showing 411 - 420 of 4523 results for "new zealand"

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... indicative regulatory approvals from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Bank's acquisition of Challenger Bank. Heartland said, subject to final regulatory approvals, it expects ...

L1 Capital joint MD takes leave of absence

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... Accenture. In a fund update, L1's ASX-listed Long Short Fund (LSF), which predominantly invests in Australian and New Zealand securities and up to 30% in global shares, returned 8.1% in the month of March, outpacing the index's 3.3%. Fifteen ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... said Bruce brings over 20 years of experience working in the financial services sector across Australia, the UK and New Zealand to the team. "He has an established track record in fixed-income investing and, importantly, in managing a small team as a ...

Suncorp sells NZ life business to Resolution Life

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
Resolution Life has acquired Asteron Life New Zealand for NZ$410 million. Resolution Life will buy the business from Suncorp Group. In doing so, it will become the second largest life insurer in New Zealand, with about 165 employees and a network of ...

Citi scores $13bn custody, admin mandate

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... have been appointed by Fiducian, demonstrating our commitment to servicing Australian investors," Citi Australia and New Zealand head of securities services Mark England said. "Through ongoing investments into our data and technology capabilities, we ...

NZ Super Fund chief investment officer departs

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
The Guardians of NZ Superannuation Fund has confirmed the chief investment officer is departing just one week after it announced the appointment of a new chief executive. Chief investment officer Stephen Gilmore will leave the NZ Super Fund at the end ...

Jo Townsend named chief executive of NZ Super

ELIZABETH FRY  |  WEDNESDAY, 27 MAR 2024
One of Australia's most experienced superannuation executives will take the helm of New Zealand's sovereign wealth fund, following Matt Whineray's departure late last year. Guardians of NZ Superannuation have appointed Jo Townsend as head ...

PE deals tumble again, down 63%: Bain & Company

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
The Australian and New Zealand private equity sector took another tumble, sharply falling 63% in value during 2023 as high interest rates and market uncertainty continues to spook investors. This is the second year in a row that saw deal values decline ...

T. Rowe Price launches bond fund

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
... trust for wholesale and institutional investors. T. Rowe Price head of distribution and country head for Australia and New Zealand Darren Hall said over many years, much of the return from bond markets has been made by steadily falling yields and tightening ...

Two more executives leave Morningstar

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... here," he said. "In the meantime, I will remain responsible for the manager research team and ratings on Australian and New Zealand fund managers." Chan has been with Morningstar for just over ten years, having also worked in managed funds research and ...