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| | abrdn will cut 10% of its workforce as part of a cost cutting exercise following significant outflows in the second half of 2023. The fund manager is targeting a cost reduction of $290 million (£150m) by the end of 2025 to restore its investments division ... |
| | | ... this new role, grateful for the support of the Perpetual Corporate Trust team and for all our amazing clients who make my job easy.... 2024 will likely bring more challenges and hopefully many more successes," she posted on social media. |
| | | ... "Across emerging markets, disinflation is now well entrenched, thanks to emerging market central banks having done a fine job of acting early and forcefully to preserve their inflation-targeting credibility." This, Buchet said, leaves the space exhibiting ... |
| | | ... this year, while 63% of professionals are expecting to receive one. At the same time, 58% of employees are looking for a new job this year, and 82% are feeling confident about the opportunities available in the sector. This, the survey highlighted, is ... |
| | | ... Ontario Teachers' chief investment officer Ziad Hindo departed the fund after 23 years, five of which he spent in the top job. Since he announced his intention to leave in September 2023, Stephen McLennan - executive managing director, total fund management ... |
| | | ... steps down from the post. Jon Howie, who joined Stake in August as chief commercial officer, has been promoted to the top job. Before Stake, Howie had two stints as a chief executive, leading the now-defunct XTB and VGI Partners. Prior to that, he spent ... |
| | | ... Swanson's place, Centrepoint has appointed its chair of group audit, risk and compliance committee, Georg Chmiel, to the top job. Chmiel, who is the co-founder and chair of major proptech group, Juwai-IQI Holdings, brings over three decades of experience ... |
| | | ... businesses across the firm have developed plans to reallocate resources," Fink and Kapito said. However, despite the impending job cuts to approximately 600 positions, the asset manager remains committed to scaling up its operations. "Even with these ... |
| | | ... address complaints quickly and efficiently in-house," Locke said. "We believe many financial firms could be doing a better job of handling complaints within their own internal complaints processes, so only the most complex cases reach AFCA - which is ... |
| | | Australian Retirement Trust (ART) has named chief executive Bernard Reilly's successor, assuming the top job in March 2024. David Anderson will take over as chief executive of ART next year, following 25 years at Mercer both in Australia and abroad. ... |
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