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Showing 561 - 570 of 5155 results for "REST"

Former adviser slapped with 12 charges

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
A former financial adviser has been charged with 12 counts of dishonest conduct for falsifying clients' documents to access their superannuation accounts. The Downing Centre Local Court yesterday slapped the charges on David Mario Valvo while running ...

AustralianSuper hires data strategy lead

ELIZABETH FRY  |  TUESDAY, 2 APR 2024
... and for MLC Australia before that. She earlier worked in insurance at KPMG and OneView and as a senior claims officer at Rest and Sunsuper. "Welcome to the team, we're thrilled to have you joining us," AustralianSuper posted on social media.

Infrastructure a foundational portfolio asset class: IFM Investors

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
Infrastructure should be considered as an equally vital asset class for institutional investors as traditional asset classes, according to the latest annual IFM Investors Infrastructure Outlook. Although infrastructure has a proven track record as a ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
Platinum Investment Management flags it will lose at least $1.4 billion as a partial redemption from institutional clients over the next month, translating to an $18 million hit to revenue. One large client told the fund manager that it intends to rebalance ...

Jo Townsend named chief executive of NZ Super

ELIZABETH FRY  |  WEDNESDAY, 27 MAR 2024
... the investment management sector, managing fixed-interest portfolios. Before heading up Funds SA, she held various roles at REST Super, including as general manager of investments and acting chief operating officer. Earlier in her career, she held investment ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... of industry participants, is regarding the full recovery of assets at FTX Japan three months after the collapse, while the rest of the world has been in the bankruptcy queue for over 15 months. Greater participation and support from deposit taking institutions ...

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
The federal government wants to shake up the wholesale investor tests further in launching a parliamentary inquiry into the entire framework, worrying many fund managers operating in the high-net-worth space. The Parliamentary Joint Committee on Corporations ...

Two more executives leave Morningstar

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
Morningstar has confirmed the departure of two longstanding executives from the manager research side of the business - Tim Wong and Justin Walsh. It is understood that Wong - who oversaw fixed income strategies - is set to join former colleague Tim ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... complex financial products, shareholder class actions, and data breaches. On 22 December 2023, a class action was filed against Rest alleging it signed new members up for income protection cover by default. A couple of days earlier a class action was ...

Policymakers face significant challenge in regulating AI

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
Innovations in artificial intelligence (AI) are quickly expanding, posing a challenge to policymakers attempting to regulate the area. According to Kevin Hebner, managing director, global investment strategist with Epoch Investment Partners, those charged ...