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Showing 5071 - 5080 of 21770 results for "Dec"

MSC Group hires exec director, eyes Sydney

KANIKA SOOD  |  MONDAY, 9 AUG 2021
The Melbourne-based trustee firm has hired an executive director as it looks to expand into Sydney. Phil Joseph has 40 years of experience, most recently as an executive director at AMAL Trustees. He spent 15 years at Perpetual and has worked on other ...

First Sentier launches infrastructure fund

ANNABELLE DICKSON  |  MONDAY, 9 AUG 2021
First Sentier Investors launched a responsible listed infrastructure fund for wholesale and institutional investors, focused on companies that are contributing to or benefiting from sustainable development. The Responsible Listed Infrastructure Fund ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ...

Single disciplinary body consultation opens

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Senator Jane Hume opened consultations on the highly anticipated Better Advice Bill in a bid to iron out the details on how the Financial Services and Credit Panel will operate. This afternoon, the Morrison government asked for feedback relating to ...

Government releases final YFYS regulations

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
The government yesterday registered the final regulations for Your Future, Your Super reforms. The bill passed the Parliament on June 17. The regulations have sharpened the methodology for annual performance tests, which it says will incentivise underperforming ...

Pinnacle NPAT doubles in FY21

KANIKA SOOD  |  FRIDAY, 6 AUG 2021
Pinnacle Investment Management reported a 108% increase in net profit after tax to $67 million in FY21, after strong inflows and good performance. Its boutique partners' total FUM at June end was $89.4 billion, up 52% from FY20. The FUM has grown at ...

ANZ adds former CFSGAM exec to board

KANIKA SOOD  |  THURSDAY, 5 AUG 2021
The bank has added a former Colonial First State Global Asset Management co-head of unlisted infrastructure investments to its board. Christine O'Reilly will join the ANZ board on November 1 as a non-executive director, subject to shareholder approval ...

New shareholder at Crescent Wealth

ELIZABETH MCARTHUR  |  THURSDAY, 5 AUG 2021
The head of Peregrine Corporation, managing director Charlie (Khalil) Shahin has joined Australia's only Islamic super fund and investment manager. Shahin purchased a material shareholding in Crescent Wealth through his family office and joined its ...

Schroders APAC co-head departs

ANNABELLE DICKSON  |  THURSDAY, 5 AUG 2021
After a decade with Schroders, its Asia Pacific co-chief executive has resigned and will depart the firm in October due to a change in family circumstances. Chris Durack is set to depart Schroders. He was first appointed to the role, alongside Susan ...

UK pension funds commit to manager diversity

JAMIE WILLIAMSON  |  WEDNESDAY, 4 AUG 2021
Some of the UK's biggest pension funds have committed to tackling the lack of diversity in funds management. The Asset Owner Diversity Working Group has launched the Asset Owner Diversity Charter, which aims to "build and investment industry which embodies ...