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Showing 501 - 510 of 3727 results for "Seven"

Martin Fahy to step down as ASFA chief

CASSANDRA BALDINI  |  FRIDAY, 26 MAY 2023
Martin Fahy will exit the top job after seven years in the role and Gary Dransfield will take over as an interim replacement. Fahy took up the position in 2016 and is due to depart in the coming weeks. The super advocacy body said the former chief led ...

Aware Super bolsters strategy team

ELIZABETH FRY  |  FRIDAY, 26 MAY 2023
... would benefit from their pair's expertise and manage the fund's approach to active asset allocation. "This team of seven investment professionals have a flexible mandate to actively trade macro markets across interest rates, FX, and equities ...

Former industry execs launch analytics firm

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
... held senior leadership roles with J.P. Morgan and Bankers Trust, while Williams was a managing director at Parametric for seven years, and held roles with Russell Investments, QIC and KPMG. Murphy, who founded the firm and serves as executive director ...

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
... years annualised returns, while retail funds achieved 4.8%. Interestingly, there are 76 retail super fund providers, down seven from a year ago, while there are only 26 industry super funds, which have only lost two providers over the period. In terms ...

Chief distribution officer leaves Praemium

CHLOE WALKER  |  TUESDAY, 23 MAY 2023
After seven years, Martin Morris stepped down from his role of chief distribution officer at Praemium. Morris, who announced his departure on LinkedIn, will serve a precursory three months' gardening leave until mid-August. In a statement, Praemium ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... BNPL is a "fintech success story" which has created many opportunities across the Australian economy. "There are now around seven million active BNPL accounts in Australia. The average BNPL consumer uses it for 18.2 transactions per annum, with an average ...

Investment fraud accomplice charged

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... the Stirling Garden Magistrates Court in July. The maximum penalty for each offence of fraud under the Criminal Code WA is seven years' imprisonment or 10 years if the person deceived is over 60 years old. The matter is being prosecuted by the Commonwealth ...

Hostplus surpasses $100bn in FUM

CHLOE WALKER  |  WEDNESDAY, 17 MAY 2023
... support of its long-term membership base. "As a truly national fund with an enviable investment track record over three, five, seven, 10, 15, and 20 years in our MySuper Balanced option, Hostplus is increasingly becoming the lifetime fund of choice for ...

Liverpool Partners invests in AI

CHLOE WALKER  |  TUESDAY, 16 MAY 2023
... majority stake in Australian hyper-automation and artificial intelligence consulting firm Simplyai. As part of the deal, former Seven Group Holdings group chief operating officer and Accenture Digital managing director James Scott will join Simplyai ...

Absolute-return bond funds fail ambitious returns: Research

KARREN VERGARA  |  FRIDAY, 12 MAY 2023
An analysis of absolute-return bond fund managers found that they have "ambitious" returns as only one in seven strategies meet their objectives. The Morningstar research found that most absolute-return bond managers will not always provide positive ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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