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Showing 41 - 50 of 100+ results for Karren Vergara

AMP names super, investments lead

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
AMP has appointed a former BT Financial Group executive to its ranks to lead its superannuation, master trust, and investments unit. Melinda Howes will take on the role of group executive for superannuation and investments from 29 January 2024, leading ...

Macquarie breaks into top 50 fund manager list

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
Macquarie Group broke into the world's top 50 largest fund manager rankings with US$543 billion in assets, making it the only Australian fund manager on the list. The latest analysis by the Willis Towers Watson's Thinking Ahead Institute shows ...

Taskforce unveils recommendations for economic equality

KARREN VERGARA  |  MONDAY, 23 OCT 2023
Legislating the payment of superannuation on all forms of paid parental leave is one of the seven recommendations proposed by the Women's Economic Equality Taskforce (WEET) that will help build economic equality over the next 10 years. Releasing ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
Life insurers and superannuation funds continue to pin systemic issues on administrative and legacy systems that have drawn customer complaints and, in some cases, led to large compensation payouts, according to the Australian Financial Complaints Authority ...

Three actively managed funds shutter

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
Three actively managed Australian share funds from BlackRock, Yarra Capital Management, and Platypus Asset Management have shuttered in recent weeks. The Platypus Systematic Growth Fund, which invests in up to 110 local equities, is shuttering after ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
ASIC is making changes to its reportable situations regime, which includes extending the reporting deadline for some breaches. Licensees will now have 90 days to submit a reportable situation instead of 30 days in situations that have "underlying circumstances ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
The current high interest rate environment is forcing the Future Fund to rethink its asset allocation, particularly its weightings in property and alternatives, in a bid to curb any potential liquidity issues. Rising interest rates, soaring 10-year ...

Startup success hinges on founder personality: Research

KARREN VERGARA  |  WEDNESDAY, 18 OCT 2023
While the vast majority of fintechs fail, a new study from the University of New South Wales finds that their success rate is closely linked to the founder's personality. After using artificial intelligence to analyse the Twitter profiles of 21,000 ...

Magellan mulls converting closed-end fund

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
Magellan Asset Management is considering overhauling the structure of one of its funds as it persistently trades below its net asset value. The closed-end Magellan Global Fund (MGF) is up for review as the board weighs up converting it into an open-end ...

HUB24 launches investment options

KARREN VERGARA  |  TUESDAY, 17 OCT 2023
HUB24 is unveiling several enhancements to its platform, including the launch of new investment options targeting accumulators and retirees. HUB24 is launching a new investment option that targets advised clients with smaller amounts of investible assets ...