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Showing 4511 - 4520 of 22787 results for "Funds"

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... target amounts and a lack of clearly articulated processes for periodic reviews or reserve management. With the need for funds to create a pool of funds for the payment of penalties from 1 January 2022, the discussion paper requests feedback on how this ...

AMP Capital retains management of AWOF

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... John O'Neill oversee AWOF. AMP said it is providing up to $500 million in funding for AWOF and its other real estate funds ahead of the planned demerger of AMP Capital's Private Markets business.

PADUA closes capital raise

ANNABELLE DICKSON  |  MONDAY, 22 NOV 2021
... the financial advice sector, PADUA said. PADUA chair Peter O'Connell and non-executive director Gareth Turner committed funds to the raise and also includes a $2 million investment from friends and family. "This injection of capital will allow us to ...

Citi launches sustainability-linked supply chain finance

KARREN VERGARA  |  FRIDAY, 19 NOV 2021
... payment is owed to these suppliers. The cost of this financing is borne by suppliers at a rate lower than their usual cost of funds. As a result, suppliers benefit from cash-flow acceleration, quicker payment and improved financing costs. The program ...

Complaints filed against ASIC lawyers

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... Roberts Gray Lawyers senior partner Rhys Roberts said. The contempt charges against Mawhinney allege he continued to raise funds through financial products despite ASIC having handed him a 20-year ban from doing so in April. The regulator is seeking ...

BlackRock Australia expands client distribution team

CHLOE WALKER  |  THURSDAY, 18 NOV 2021
... based in Melbourne, where she will be responsible for developing and maintaining relationships with local sovereign wealth funds, government agencies and superannuation funds. Ortega joins from J.P. Morgan's London office and brings over 10 years ...

More mergers, minimal awareness: KPMG

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
... was more merger activity in the 12 months to October than any previous year, about 80% of members in merged superannuation funds weren't even aware their fund had merged. According to KPMG's Superannuation Transformation & Consolidation Report 2021 ...

Mawhinney lawyer accuses ASIC of trial by media

ELIZABETH MCARTHUR  |  THURSDAY, 18 NOV 2021
... of our client's appeal case." The contempt order is in relation to allegations that Mawhinney has continued to raise funds through financial products, even though ASIC banned him for 20 years.

Boutique recruits portfolio manager

KARREN VERGARA  |  WEDNESDAY, 17 NOV 2021
A $5 billon fixed income boutique hired a senior portfolio manager from the Victorian Funds Management Corporation. Based in Melbourne, James Wilson joined Jamieson Coote Bonds in November, finishing his most recent role at VFMC as senior portfolio ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... investigation by APRA and relates to trustees AMP Superannuation Limited and N.M. Superannuation Proprietary Limited and funds Super Directions and Wealth Personal Superannuation and Pension Fund. The CEU is in addition to the extra licence conditions ...