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Showing 41 - 50 of 6368 results for "News"

Super, retirement unit cushions Link's massive loss

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... Solutions (RSS) unit, which contributes 45% to the group's total revenue, reported strong member growth of 7.5% despite news of it losing HESTA's one million members. HESTA announced it will not renew its contract with Link in FY2025, taking ...

Crypto lender sentenced for false licence

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... fine of $25,200. A second charge relating to alleged content on Helio's website was withdrawn. This was in relation to a news artless dated 10 September 2018 that claimed it held a specific ACL. ASIC deputy chair Sarah Court said the regulator expects ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... 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 the arena. Six Park co-founder ...

Federated Hermes names international sales head

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
... Hermes private markets sales team, led by Jakob Nilsson, to bring this range of excellent products to our markets." In other news from the firm, Dan Churchouse was promoted to head of sales for UK and Ireland, he was previously head of UK wholesale. ...

ISPT to use SS&C performance measurement tool

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... bring ISPT timely reporting and deeper insights without having to increase headcount or resort to additional tools." The news comes as ISPT confirmed a potential merger with IFM Investors, as well as a shakeup to its leadership team in June.

HESTA moves 10% of portfolio in-house

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... grown its in-house capability, resulting in the fund now handling nearly $7 billion or 10% of its portfolio internally. The news comes 18 months after the $74 billion super fund launched its internalisation strategy. In December 2021, HESTA internalised ...

CommSec launches global share trading platform

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
... empower more Australians to grow their wealth and the launch of our new international share trading platform is fantastic news for our 2.7 million customers who will now be able to more easily invest in international equities," CommSec executive general ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
... long-term investors, we continue to look for unique opportunities that help our members grow their retirement savings." The news comes as UniSuper achieved double-digit returns for FY23.

Vale Michael Murray

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
... Australian Ethical is honouring its head of domestic equities Michael Murray, following his sad passing last week. Sharing the news, Australian Ethical chief executive and managing director John McMurdo offered his heartfelt condolences to Murray's family ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... February 2021, a media release issued in August 2018, in statements on its website, statements made in an interview with Finance News Network and statements made in a presentation at a Finance News Network Fund Manager Event, both of which were recorded ...