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Showing 471 - 480 of 2118 results for "Morgan"

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
J.P. Morgan will be forced to cough up more than $1.3 billion (US$920 million) after entering into an agreement with the US Department of Justice, the US Commodity Futures Trading Commission and the US Securities and Exchange Commission. The agreements ...

Aussie fundie receives global recognition

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
... the list include: BlackRock's Erin Xie, PineBridge Investments' Elizabeth Soon, HSBC GAM's Elina Fung, and JP Morgan Asset Management's Aisa Ogoshi, and Joanna Kwok. Howitt said: "Fund management is a challenging and absorbing profession ...

Netwealth appoints international custodian

KANIKA SOOD  |  TUESDAY, 29 SEP 2020
... third largest custodian locally with $561.5 billion in total assets under custody for Australian investors, after J.P. Morgan and Northern Trust. Citi overtook NAB Asset Servicing in the six months ending June. Netwealth had $31.5 billion in assets under ...

J.P. Morgan set to cough up US$1bn

ALLY SELBY  |  THURSDAY, 24 SEP 2020
J.P. Morgan Chase & Co is set to cough up close to $1.4 billion (US$1 billion) to shut down regulatory and government agency probes into market manipulation allegations on its precious metals and treasuries trading desk. As first reported by Bloomberg ...

J.P. Morgan rolls out global accounting services

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
J.P. Morgan has begun moving its Australian customers over to its global accounting system, which will give local clients access to additional services. The move to the new accounting system, FIS' InvestOne, has been a multi-year project and seeks to ...

Retail fund satisfaction drops

ELIZA BAVIN  |  WEDNESDAY, 23 SEP 2020
... satisfaction will retail funds fell by 2.5% while satisfaction in industry funds rose 0.2%, according to new data from Roy Morgan's Superannuation Satisfaction Report. The report shows an overall super fund satisfaction with financial performance rating ...

Robo advice solution set to launch

ALLY SELBY  |  TUESDAY, 22 SEP 2020
... tax benefits of a separately managed account. Assets on the platform will be liquid and held in the client's name. J.P. Morgan and HSBC are custodians of the service. "The Nucleus Wealth platform we have adopted as part of the Arrow family of options ...

Lonsec to sell 37% stake to Generation

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
ASX-listed Generation Development Group is set to pay about $20.1 million to buy a 37% strategic stake in investment research and ratings house Lonsec Holdings Pty Ltd. Generation will raise up to $35 million via an institutional placement and accelerated ...

Managed accounts inch to $80bn

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2020
... review, Potter said, noting that being able to execute effectively in real time adds value, particularly at a time like this. Morgan Stanley predicted five years ago that managed accounts will reach $60 billion by 2020 (MDAs sat at $13 billion at the ...

VFMC director nabs global role

ALLY SELBY  |  TUESDAY, 15 SEP 2020
... associate director and portfolio manager at County Investment Management and an economist and portfolio manager at J.P. Morgan Investment Management. Meantime, Gamba is a BlackRock veteran, currently serving as its co-head of fundamental equities and ...