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Showing 31 - 40 of 47 results for "CPS 226"

Fire drills needed to meet APRA standards

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
APRA's new enforcement approach to cyber security may mean financial services firms have to conduct fire drills - where fake viruses or phishing attacks are deliberately spread in their systems - to work out the strength of their systems. APRA released ...

APRA consults to combat cyber attacks

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
APRA has invited submissions from all APRA-regulated entities on how the financial services industry can improve information security and protect itself from cyber-crime. The regulatory authority has not updated its information security guidelines since ...

APRA beefs up cybersecurity standards

HARRISON WORLEY  |  THURSDAY, 8 NOV 2018
The resilience of APRA-regulated entities to cyberattacks is set to increase, after the release of the regulator's new information security standard. On Wednesday the regulator released the final version of its prudential standard focused on information ...

Flat markets impact IAG profit

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
IAG has reported a 14.1% fall in profit as the insurer juggles the impact of lower returns and adverse weather events. IAG reported its FY16 net profit after tax of $625 million down from $728 million in 2015. A loss the group attributes to "a significantly ...

Naos to launch long/short equity LIC

MARK SMITH  |  FRIDAY, 12 SEP 2014
Naos Asset Management has lodged its prospectus to the ASX to IPO its second listed investment company (LIC), the Naos Absolute Opportunities Company. Naos hopes to raise $50 million by the end of October from private investors, institutional funds ...

Van Eyk deputy CIO moves to Select

JAMES FERNYHOUGH  |  THURSDAY, 7 NOV 2013
Multi-asset investment manager Select Investment Partners has appointed Matt Olsen as its new head of research. Olsen comes straight from van Eyk Research, where he was deputy chief investment officer and head of manager research. Prior to that he worked ...

BT Financial boosts Westpac result

MARK SMITH  |  FRIDAY, 3 MAY 2013
BT Financial Group's solid contribution has helped Westpac record a 10% rise in increase in cash earnings for the half-year. In an announcement on the Australian Securities Exchange (ASX) the bank said the wealth arm had benefited from strong flows ...

Praemium voted responsible entity for BlackRock SMA

MARK SMITH  |  MONDAY, 10 DEC 2012
BlackRock Investment Management has confirmed that Praemium Australia will become the responsible entity for its separately managed accounts (SMA) scheme. The SMA scheme, known as the BlackRock Customised Portfolio Service (CPS) has more than $660 million ...

BTIM results impacted by acquisition

MELANIE TIMBRELL  |  MONDAY, 30 APR 2012
BT Investment Management has reported statutory net profit of $11.2 million and cash net profit after tax of $19.7 million in the first half-year results, incorporating contributions from J O Hambro Capital Management. In a presentation to the ASX ...

MGD Wealth appoints Select to LDI portfolios

ELISE BURGESS  |  TUESDAY, 29 NOV 2011
Select Asset Management has been appointed investment manager of two newly created liability driven investment portfolios by high net worth wealth management and advisory business, MGD Wealth. The MGD Wealth Liability Driven Investing (LDI) portfolios ...