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Showing 531 - 540 of 3276 results for "RIC"

Microcap manipulators caught out

ANNABELLE DICKSON  |  THURSDAY, 24 SEP 2020
A ring of microcap share manipulators have had their assets frozen by the Securities and Exchange Commission after procuring US$9 million in illegal profits by defrauding retail investors. The SEC alleged in a complaint that between 2013 and 2017 Ongkaruck ...

Index manager, friend charged for insider trading

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
A senior index manager and his friend were charged for insider trading by the Securities and Exchange Commission for reaping over US$900,000 in illegal profits off trades made with prior knowledge of stocks that would be added to or deleted from an ...

Westpac hires consumer chief executive

ANNABELLE DICKSON  |  TUESDAY, 22 SEP 2020
Westpac Group has appointed a former fintech chief executive to lead its consumer banking division. Chris de Bruin has over 24 years' experience in financial services and joins from Dubai-based fintech Deem where he has been chief executive for over ...

Boutique appoints chief operating officer

KANIKA SOOD  |  FRIDAY, 18 SEP 2020
Watermark Funds Management's chief operating officer has left for a similar role at another boutique. Tim Bolger is joining Alium Capital Management as its chief investment officer. Alium runs two strategies: a market neutral fund and public-to-private ...

Zenith hires consultants from Lonsec

KANIKA SOOD  |  FRIDAY, 18 SEP 2020
Zenith Investment Partners has hired two consultants from Lonsec, including the latter's deputy head of active manager research. Shailesh Jain will work as a senior investment consultant at Zenith, focussing on its client and platform relationships. ...

VFMC director nabs global role

ALLY SELBY  |  TUESDAY, 15 SEP 2020
The CFA Institute has appointed a chair and vice chair to its board of governors, the latter being an industry veteran with more than 30 years' experience across funds management and superannuation. Maria Wilton will now serve as the global association's ...

Super fund gets ahead of CIPR obscurity

KARREN VERGARA  |  TUESDAY, 15 SEP 2020
An industry superannuation fund is raising the bar on managing longevity risk and taking the initiative to get ahead of the retirement income review gridlock. Chris Drew, the investment manager for public markets at the Australian Catholic Superannuation ...

Former analyst gets three year sentence

KANIKA SOOD  |  MONDAY, 14 SEP 2020
A former investment analyst from Maple-Brown Abbott was sentenced to three years' imprisonment, after pleading guilty to insider trading in Big Un shares. Michael Ming Jinn Ho will serve the three years via an intensive correction order (aka a sentence ...

Legalsuper appoints executive, increases premiums

JAMIE WILLIAMSON  |  MONDAY, 14 SEP 2020
The $4 billion industry super fund has welcomed a new executive manager of member experience formerly of Cbus. It comes as the fund prepares to also increase insurance premiums for its almost 40,000-strong membership. Carrie Norman has joined legalsuper ...

HESTA adds to leadership team

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
HESTA has announced the appointment of a head of portfolio management as it continues to build out its new-look investment team. Alan Sheen has been named as head of portfolio management, the newest addition to the new-look senior investment leadership ...