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Showing 501 - 510 of 3532 results for "s. First"

Top global trends impacting portfolio construction

CASSANDRA BALDINI  |  TUESDAY, 29 AUG 2023
Decarbonisation, globalisation, and the diffusion of technology are worldwide trends that significantly influence the process of portfolio construction. In a panel discussion at the Australian Institute of Superannuation Trustees ASI Conference, Goldman ...

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
Citi is closing its staff superannuation fund and ceasing all defined benefit funding, saying it's no longer feasible to continue operating. Employees were recently advised the company had given notice to the trustee that it has decided to terminate ...

Legacy issues, business overhaul plague E&P results

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
Legacy issues and ongoing structural changes continue to plague E&P Financial Group as it looks for better performance under the new chief executive in FY2024. The ASX-listed firm reported sinking revenues and profits in the last financial year of $167.1 ...

Treasury names new ASIC commissioners

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... executive Alan Kirkland, Commonwealth Bank chief risk officer for institutional bank and markets Simone Constant, and Treasury's first assistant secretary Katherine O'Rourke will take up their new roles this year. O'Rourke previously worked at ASIC from ...

State Super equities lead exits

ELIZABETH FRY  |  FRIDAY, 18 AUG 2023
... wish Andrew the very best in his new venture." At State Super, Huang led the design and implementation of the fund's first strategic investment in companies that are expected to financially benefit from global decarbonisation. To follow his passion ...

ASIC appeal in CBA, CFS case dismissed

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
Having had its initial conflicted remuneration case against Commonwealth Bank and Colonial First State dismissed in September 2022, ASIC's appeal of that decision has also now been dismissed. The case was first brought by ASIC in June 2020 and related ...

ASX profits hit by CHESS setbacks, acts on review findings

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
The ASX reported a 37.6% plunge in statutory net profit to $317.3 million, largely weighed down by hefty CHESS replacement costs. The securities exchange finished the financial year with an underlying net profit after tax (NPAT) of $491.1 million, marking ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... redefine how Australians approach wealth management," he said. Stockspot launched in 2013 and is touted as the country's first robo-adviser. The good news for Stockspot comes amidst Six Park throwing in the towel, which was another major player in ...

Assembly launches second diversified fund

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... diversified real estate fund, ADPF2, aiming to capitalise on value add and special situations opportunities in the market. AFM's first fund, ADPF1, which has $350 million of equity commitments from several family offices and high-net-worth individuals ...

Franklin Templeton launches alternatives fund in Australia

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
Franklin Templeton has launched its first alternatives fund in Australia, expanding access to the asset class for retail investors. The Franklin K2 Athena Fund primarily invests in uncorrelated risk premia strategies spanning various asset classes ...