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Showing 4901 - 4910 of 21770 results for "Dec"

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
APRA is keeping its watchful eye on superannuation funds' preparedness for the new remuneration standards that take effect in 2023. APRA has released the updated version of Prudential Practice Guide CPG 511 Remuneration, where it expects boards to oversee ...

BlackRock names APAC wealth lead

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
A former Westpac executive has joined BlackRock to lead its wealth division for Asia Pacific. BlackRock appointed Guilherme Lima to the position of Asia Pacific head of wealth, responsible for developing strategies for wealth management, private banks ...

Real Asset Management to list REIT, makes hire

ANNABELLE DICKSON  |  MONDAY, 18 OCT 2021
The wealth and asset manager is set to list its essential services REIT and has appointed the former MA Financial Group head of technology as chief technology officer. After first f lagging the listing in December last year, the firm will list the RAM ...

FinClear wins Ord Minnett mandate

KARREN VERGARA  |  MONDAY, 18 OCT 2021
Ord Minnett handed down a third-party clearing services mandate to FinClear for an agreed term of five years. The deal will integrate FinClear into Ord Minnett's workflows and bring EL&C Baillieu staff across to FinClear. Ord Minnett acquired EL&C ...

Economic recap: Week to October 15

BENJAMIN ONG  |  MONDAY, 18 OCT 2021
"...participants generally assessed that, provided that the economic recovery remained broadly on track, a gradual tapering process that concluded around the middle of next year would likely be appropriate. Participants noted that if a decision to begin ...

Ellerston to shutter Morphic ESG fund

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
Ellerston Capital will terminate the Morphic Global Opportunities Fund later this month as a result of dwindling funds under management. Investors were notified in December last year that an assessment of the fund's viability would take place this ...

BlackRock votes against CBA resolution

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
Despite its vocal stance on sustainability and net zero ambition, BlackRock voted against a Commonwealth Bank shareholder resolution to stop the bank financing fossil fuels. The largest asset manager in the world, with US$9.5 trillion in assets under ...

IFM partially acquires energy company

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
The IFM Global Infrastructure Fund will take a €2 billion stake in Naturgy Energy Group, a Spanish multinational natural gas and electrical energy utilities company. The fund, advised by IFM Investors, will shortly complete its all-cash voluntary ...

Super system "frayed": Hume

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
Minister for financial services Jane Hume said that the superannuation system in Australia has frayed edges in need of repairs, during a speech at the World Pension Summit 2021. "And while it's a system that wears three decades of alternations and add-ons ...

AustralianSuper acquires Qantas site

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
As part of a consortium, AustralianSuper will acquire a 14-hectare redevelopment site from Qantas Airways worth $802 million. AustralianSuper joined forces with logistics company LOGOS to take over the land, which is based in Mascot and located near ...